Archives Tag: nigeria bureau of statistics

Food

How Rising Food Inflation Will Rouse Nigerians From Their Slumber

April 19, 2022

In the latest statistics released by the Nigerian Bureau of Statistics (NBS) on November 16, inflation figures for the month of October stood at a whopping 14.23%. This figure is the highest that has been recorded in the last 13 months. All-item inflation was the highest in Sokoto, Edo, and Akwa Ibom while Oyo, Taraba, … Continue reading How Rising Food Inflation Will Rouse Nigerians From Their Slumber

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BUSINESS Finance

Did You Know? Nigeria’s Top States and Banks for Foreign Investors

April 19, 2022

Every quarter, the National Bureau of Statistics (NBS) publishes its report on the amount of foreign investment coming into Nigeria. The Nigeria Capital Importation report, as it’s called, provides a glimpse of investment inflows into states, banks, and economic segments in the country. Earlier this year, the NBS put out its Capital Importation Report for … Continue reading Did You Know? Nigeria’s Top States and Banks for Foreign Investors

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BUSINESS

A Sweeping Look At Nigeria’s MSME Space

April 19, 2022

Nigeria’s entrepreneurial spirit is alive, and hard to miss. It’s on the raucous streets of Lagos, where caterers sell their food from makeshifts sheds, in the midst of moving commercial buses, sweaty hawkers, and high-rise buildings. It’s in the tanneries of Kano, where world-class leather starts its journey to thousand dollar valuation. It’s on show … Continue reading A Sweeping Look At Nigeria’s MSME Space

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BUSINESS Entrepreneurship

Did You Know? One Out of Every Three Nigerian Adults is an Entrepreneur

April 19, 2022

The Nigerian entrepreneur comes in more shades than you can imagine. It could be the boss at an establishment with a staff of ten, or the woman running a local restaurant nearby; maybe it’s the young man selling biscuits and sweets from his roadside kiosk. Perhaps it’s you. The numbers suggest that about a third … Continue reading Did You Know? One Out of Every Three Nigerian Adults is an Entrepreneur

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Did You Know? Food Nigeria

Did You Know…? Sesame Seeds Are Now Nigeria’s Largest Agricultural Exports

April 19, 2022

Sesame seeds, tiny and trivial to the eyes of many in these parts, are the chief export revenue earner from Nigeria’s farms. The latest report on the country’s international trade by the National Bureau of Statistics (NBS) shows that those little seeds are a giant money spinner for the country. The NBS’s report says that … Continue reading Did You Know…? Sesame Seeds Are Now Nigeria’s Largest Agricultural Exports

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