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Nigeria GDP grows by 5.01% year-on-year in Q2 2021, beating expectations

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THUR 26 AUG, 2021-theGBJournal-Nigerian economy grew by 5.01%(year-on-year) in real terms in the second quarter of 2021 aided by strong base effect, and marking...

Analysis: Base effects to underpin decline in inflation over the Short...

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WED 18 AUG, 2021-theGBJournal- According to the July Consumer Price Index (CPI) reading released by the National Bureau of Statistics (NBS), the year-on-year headline...

Quick Take: Nigeria’s capital importation drastic drop is foreign investors limiting...

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SAT 31 JULY, 2021-theGBJournal- According to the data released by the National Bureau of Statistics (NBS), capital importation into Nigeria in Q2-21 plummeted by...

All commodity group import index jumps by 0.82% in Q1 2021

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MON 05 JULY, 2021-theGBJournal- The All commodity group import index increased by 0.82% between January and March, 2021, according to data published Sunday by...

Diesel prices rise 0.69% month-on-month, reaching new high of N259.29 p/l

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By Audrey Lotechukwu TUE 22 JUNE, 2021-theGBJournal- Diesel retailers are unrelenting in further increases in prices as consumers are pressured by higher prices for the...

Nigeria food prices rise at rapid rate in May

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MON 21 JUNE, 2021-theGBJournal- Food prices in Nigeria rose at their fastest monthly rate in May 2021, according to latest data by the National...

Active voice and internet subscribers drops significantly amid NIN registration drive,...

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By Audrey Lotechukwu FRI 11 JUNE, 2021-theGBJournal- Telecoms companies in Nigeria witnessed a very significant drop off in the number of active voice and internet...

Nigeria’s Trade deficit widens as imports grow 70.21% in Q1, 2020

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MON 07 JUNE, 2021-theGBJournal- For the first quarter of 2021, Nigeria's total merchandise trade stood at N9,757.87billion representing 6.99% increase over the value recorded...

Nigeria’s GDP bounce for the second consecutive quarter, records 0.51% y-on-y...

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SUN 23 MAY, 2021-theGBJournal-The National Bureau of Statistics (NBS) today published Q1 2021 report on Nigerian Gross Domestic Product. The report shows GDP grew by...

Nigeria’s headline inflation moderates by 5bps to 18.12% y/y in April...

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By Audrey Lotechukwu MON 17 MAY, 2021-theGBJournal- The latest National Bureau of Statistics (NBS) data shows Nigeria’s headline inflation surprised in April 2021 by declining...