The price of Kerosene has increased by 9.90 percent between September and October 2022. EKO HOT BLOG reports that the National Bureau of Statistics (NBS) disclosed that consumers’ average retail price of household kerosene increased by 9.90 percent. EDITOR’S PICKS Tragedy As Police Allegedly Shoot Prince To Death In Osun, Four Injured PHOTOS: Police Arrest … Read more
Nigeria’s GDP growth slowed in Q3 2022 amid “challenging economic conditions.” Eko Hot Blog reports that Nigeria’s Gross Domestic Product (GDP) grew by 2.25% (year-on-year) in real terms in the third quarter of 2022. EDITOR’S PICKS Nigerians Can Now Renew Student Visas Without Interview – US Why I Approved Redesign Of Naira Notes – Buhari … Read more
The NBS has released the number of Nigerians living in multidimensional poverty. Eko Hot Blog reports that the National Bureau of Statistics (NBS) says 133 million Nigerians are multidimensionally poor. EDITOR’S PICKS End Of An Era: US Speaker Pelosi To Step Down As House Democratic Leader Troops Neutralise Bandit Leader, Repel Attack In Kaduna Soldier … Read more
The NBS says the prices of tomato, rice, and others rose in September. Eko Hot Blog reports that the National Bureau of Statistics (NBS) said that the prices of selected food items increased in September. EDITOR’S PICKS Why CBN’s Naira Redesign Plan May Hurt Nigeria’s Currency – Moghalu Finance Ministry Opposes Emefiele’s Plan To Redesign … Read more
Nigeria’s inflation rate has soared to 20.77% amid a disruption in the supply of food products. Eko Hot Blog reports that the Consumer Price Index (CPI), which measures the rate of change in prices of goods and services, rose to 20.77 percent in September 2022, up from 20.52 percent in August. EDITOR’S PICKS 2023: Tinubu, … Read more
Lagos, Oyo, 2 Others Attract $1.6bn Foreign Investments In Q1 By destination of investment, Lagos State remained the top destination in Q1 with $1.1bn accounting for 71.16 per cent of total capital investment in Nigeria EDITOR’S PICK: CBN Says Naira Notes Will Soon Be Out Of Circulation, Reveals Replacement How Govt Officials, Politicians Worsen Naira … Read more
The price of major staple food items surged in February 2022 amid petrol scarcity in Lagos State The price of a 200g carton of Noodles increased by 24.63% to sell for an average of N4,238 when compared to an initial average of N3,400 recorded in the previous month. Also, a big basket of tomatoes that … Read more
Lagos FCT Rivers among leading states in Nigeria with highest IGR per population as 2021 half-year IGR reaches N849.12bn … Lagos generated IGR of N267.2 billion is more than what the entire northern states generated and more than south-south and south-east put together. EKO HOT BLOG reports that the National Bureau of Statistics (NBS) says … Read more
The drop in the headline rate was driven by easing annual food inflation… EKO HOT BLOG reports that Nigeria continues to buck the global trend of rising prices, with consumer prices ticking lower for the seventh consecutive month. Nigeria’s inflation rate fell to 15.99 per cent in October compared with the same period last year, … Read more
![NBS, Nigeria’s inflation rate, [JUST IN] Again, Nigeria’s Inflation Rate Rises To 17.33%](https://ekohotblog2.com/wp-content/uploads/2020/01/Inflation.jpg)
The consumer price index, which measures inflation increased by 18.17 per cent (year-on-year) in March 2021. The National Bureau of Statistics disclosed in its report on ‘Consumer Price Index’ for March 2021 on Thursday that March inflation rate remained the highest in four years. The consumer price index, which measures inflation increased by 18.17 per … Read more
Foreign capital flows into Nigeria fell by 78 per cent to $1.29bn in the second quarter of this year from $5.85bn in Q1. The National Bureau of Statistics announced this on Friday, August 28. The NBS, in its capital importation report for Q2 2020, said the total value of capital importation into the country in … Read more
In its Transport fare Watch report for April 2020 on Wednesday, the National Bureau of Statistics (NBS) said the average fare paid by commuters for bus journey within the city increased by 8.21 per cent month-on-month and by 23.43 per cent year-on year to N223.71 in April 2020 from N206.73 in March 2020, The Nation … Read more
The National Bureau of Statistics (NBS) has disclosed that in the third quarter of 2019, the Nigeria banking sector pulled a total volume of 800,201,498 transactions valued at N42.76 trillion. These transactions were carried out in the period under review via the different electronic payment channels in the sector. It was further stated that NIBSS … Read more
Investment inflow into the Nigerian economy has declined by $460 million in the third quarter of 2019, the National Bureau of Statistics (NBS) said on Monday. Ekohotblog learnt that investment inflow into the Nigerian economy during the period was $5.36 billion compared to $5.82 billion in the second quarter. The NBS disclosed these in its … Read more
Mr Godwin Emefiele the Governor of the Central Bank of Nigeria has said that the rise in inflation is temporary and will go down aggressively in another three to four months. Recall the National Bureau of Statistics (NBS), showed inflation figures at a 17-month high, rise to 11.61% in October. READ ALSO: Nigeria’s Inflation Rate … Read more