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Nigeria Inflation rate accelerates to 18.60 percent year-on-year in June 2022

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FRI, 15 JULY, 2022-theGBJournal| Nigeria’s annual inflation rate accelerated to 18.60% in June, 0.84% higher than the 17.75% recorded in June 2021, the highest...

Diesel price touches record N671.08 in May

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FRI, 17 JUNE, 2022-theGBJournal| According to the National Bureau of Statistics (NBS), the average retail price of Automotive Gas Oil (Diesel) paid by consumers...

Nigeria grows VAT by 4.41% in Q1-22 to N588.59 billion

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FRI, 17 JUNE, 2022-theGBJournal| On the aggregate, Value Added Tax (VAT) for Q1 2022 was reported at N588.59 billion, a growth of 4.41% on...

Analysis| Unfavourable base effects to stoke inflationary pressures in the near...

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THUR, 16 JUNE, 2022-theGBJournal| According to the recently released data from the National Bureau of Statistics (NBS), headline inflation increased by 89bps in May...

Nigeria’s inflation rate reaches 17.71% in May, highest since June 2021

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WED, 15 JUNE, 2022-theGBJournal| Nigeria’s headline inflation increased by 89bps in May to 17.71% y/y (April: 16.82% y/y) – the highest since June 2021...

Nigeria’s exports in agricultural goods rises by 51.89% in Q1-22

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MON, 06 JUNE, 2022-theGBJournal| Latest data published by the National Bureau of Statistics (NBS) shows a substantial increase in Nigeria’s export in agricultural goods...

Capital importation drops 28.09% in Q1 2022

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FRI, 03 JUNE, 2022-theGBJournal| The total value of capital importation into Nigeria in Q1-2022 stood at $1,573.14 million, according to latest data by the...

Company Income Tax grows by 53.09% to N532.48 billion in Q1-22

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THUR, 26 MAY, 2022-theGBJournal| According to the National Bureau of Statistics (NBS) latest data on Company Income Tax (CIT), on the aggregate, CIT for...

Nigerian GDP grows by 3.11% y/y in Q1-22, outturn surprises positively

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MON, 23 MAY, 2022-theGBJournal | According to the recently released data by the National Bureau of Statistics (NBS), domestic economic activities sustained their positive...

Base effects introduce fresh risks to inflationary pressures

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TUE, 17 MAY, 2022-theGBJournal | In line with the lingering impact of higher transport costs and increased food demand-supply imbalance, consumer prices maintained an...