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Results for "National Bureau of Statistics (NBS)"

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Manufacturing’s share of capital inflows shrinks to 2.76%
Businessvanguard-ng2mo ago

Manufacturing’s share of capital inflows shrinks to 2.76%

…Despite 132% surge in total importation By Yinka Kolawole Capital inflows into Nigeria’s manufacturing sector suffered a sharp decline in the first nine months of 2025 (9M’25), even as overall capital importation into the country recorded a huge surge, figures from the National Bureau of Statistics (NBS) have shown. According to the data, capital importation into the […] The post Manufacturing’s share of capital inflows shrinks to 2.76% appeared first on Vanguard News.

NRS Chairman Praises Tinubu Reforms at New Headquarters Opening
BusinessPremium Timespunch-ng18d ago2 sources

NRS Chairman Praises Tinubu Reforms at New Headquarters Opening

The chairman of the National Bureau of Statistics (NBS) lauded President Tinubu's economic reforms during the commissioning of the organization's new headquarters. He asserted that these reforms were crucial in preventing inflation from reaching 120%.

Textile exports crash 55.3% to N16.55bn as imports hit N1.06trn
Businessvanguard-ng1mo ago

Textile exports crash 55.3% to N16.55bn as imports hit N1.06trn

By Yinka Kolawole Nigeria’s textile exports plunged sharply in 2025, dropping by 55.25 per cent to N16.55 billion from N36.98 billion recorded in 2024, even as the country’s importation of textile products surged significantly within the same period. Data obtained from the National Bureau of Statistics (NBS) showed that while export earnings from textile products declined […] The post Textile exports crash 55.3% to N16.55bn as imports hit N1.06trn appeared first on Vanguard News.

Diesel price falls 9.32% year-on-year to ₦1,361.57 in January — NBS
Businessvanguard-ng2mo ago

Diesel price falls 9.32% year-on-year to ₦1,361.57 in January — NBS

The average retail price of Automotive Gas Oil (AGO), commonly known as diesel, declined to ₦1,361.57 per litre in January 2026, down from ₦1,501.58 recorded in January 2025, according to the National Bureau of Statistics (NBS). The post Diesel price falls 9.32% year-on-year to ₦1,361.57 in January — NBS appeared first on Vanguard News.