Inflation rate in the country crossed the 20 per cent mark in August as prices of goods and services continue to soar. The latest inflation rate just released by the National Bureau of Statistics (NBS) rose to 20.52 per cent from 19.64 per cent which it was in July 2022. …
Read More »
A total of N714.4 billion was generated from Company Income Tax (CIT) in the second quarter of 2022 a 29.53 per cent increase compared to N551.53 billion generated in the first three months of the year. Most of the income came from the manufacturing, financial services and information technology companies. …
Read More »
The National Bureau of Statistics (NBS) has stated that Abia, Imo and Cross River states paid the highest amount for premium motor spirit (PMS), better known as petrol in May 2022. The average petrol price during the month under review is N173.08 per litre. The NBS said this in its …
Read More »
The National Bureau of Statistics (NBS) has stated that the price of automotive gas oil (AGO) better known as diesel, has increased by 2.54 percent in one month. By implication, Nigerians paid an average price of N671.08 for diesel in May 2022 compared to N654.46 in April 2022. This was …
Read More »
Cooking Gas Price Jumps By 83.62% In One Year – NBS Price of Cylinder of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, jumped by a whooping 83.62 percent in one year, the National Bureau of Statistics (NBS) disclosed in a report released on Friday. The report said the …
Read More »
The inflation figure increased by 15.92 In March 2022, a report released by National Bureau of Statistics (NBS) has shown. The report stated that increase was due to increase in prices of gas, bread, cereals, liquid fuel and other food products. It said the consumer price index, (CPI) increased on …
Read More »
