ALTON: NBS data undercounts telecom investment
By Progress Godfrey ABUJA — The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has argued that the National Bureau of Statistics (NBS) Capital Importation Report for the first quarter of 2026 does not fully reflect the level of investment in the telecommunications sector. In a statement signed by ALTON Chairman, Gbenga Adebayo, and Publicity […]
Nigeria’s total trade for Q2 2024 stood at N31.892bn – NBS
The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N31,892.46 billion in the second quarter of 2024.
Nigeria’s trade surplus increases by 33% to N6.95trn in Q2 2024
According to the National Bureau of Statistics (NBS), Nigeria’s trade surplus rose by 33% quarter-on-quarter (QoQ) to N6.95 trillion in the second quarter of 2024 (Q2’24).
ICT’s contribution to Nigeria’s real GDP hits 19.78% in Q2 2024 — NBS
By Juliet Umeh The Information and Communications Technology, ICT, sector added 19.78 per cent growth to Nigeria’s real Gross Domestic Product, GDP in Q2 2024, according to the National Bureau of Statistics, NBS. This shows a marginal increase in contribution, compared to the 19.54 per cent recorded in the same period last year. On quarter-on-quarter, […]
Nigeria’s GDP rises to 3.19% in Q2’24 – NBS
Nigeria’s real Gross Domestic Product, GDP, grew by 0.21 percentage points to 3.19 percent in the second quarter of 2024 (Q2’24) from 2.98 percent in Q1’24.
Cost of healthy diet stands at N1,035 in April – NBS
The National Average Cost of a Healthy Diet (CoHD) per adult a day stood at N1,035 as of April, the National Bureau of Statistics (NBS) has said.
