Tag: NBS
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Rising inflation fuels a quarterly sales spike for food and beverage makers
Despite growing inflationary pressures, the total sales of six listed food and beverage manufacturers in Nigeria increased by 73.4 percent in the first three...
China’s Q1 Industrial Profit Growth Rate Raises Concerns about Economic Recovery
Official statistics released on Saturday revealed that China's industrial earnings decreased in March and slowed advances for the quarter compared to the first two...
Inflation in Nigeria soars to 33.2% in March 2024 – NBS
The latest figures from the National Bureau of Statistics (NBS) show that Nigeria's inflation rate jumped to 33.2% for March 2024.
In comparison to the...
DisCos’ revenue during blackouts reached its highest point in a decade
In 2023, the eleven distribution firms of electricity (DisCos) in Nigeria's energy supply sector generated N1 trillion in revenue, which is the most amount...
Nigeria’s Trade Terms Fall for the Fifth Quarter in a Row
In the fourth quarter of 2023, Nigeria's Terms of Trade (ToT) for all commodities had a decrease of 0.22 percentage points.
A decrease in...
