Tag: NBS
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Nigeria’s Car Imports Rebound: Nigeria Hits N1tn in Nine Months as FX Stabilizes
Nigeria’s Car Imports Rebound on the Back of FX Stability Nigeria’s importation of passenger motor cars has shown a notable rebound in 2025, driven by relative stability in the foreign exchange market that has relieved pressures on dealers and buyers. The latest foreign trade statistics from the National Bureau of Statistics indicate a sustained uptick…
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Nigeria’s Car Imports Rebound to N1tn in 9 Months as FX Stability Buoys Trade
Overview: A rebound in Nigeria’s car imports Nigeria’s importation of passenger motor cars has surged in 2025, reflecting improved stability in the foreign exchange market and easing pressure on both dealers and buyers. The latest foreign trade statistics from the National Bureau of Statistics (NBS) show a strong uptick in the value of passenger car…
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Nigeria’s Telecoms Rally: 5.78% Real Growth in Q3 2025
Key takeaways Nigeria’s telecommunications sector demonstrated resilience in the third quarter of 2025, recording a real growth rate of 5.78 percent despite a modest quarterly dip. The latest data from the National Bureau of Statistics (NBS) shows that the industry continues to be a major driver of economic activity, contributing to job creation, digital inclusion,…
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Telecom Sector Posts 5.78% Real Growth in Q3 2025: Nigeria’s Resilient Digital Boom
Overview: A Quiet but Solid Expansion Nigeria’s telecommunications sector delivered a noteworthy performance in the third quarter of 2025, recording a real growth rate of 5.78 percent. This comes despite a modest quarterly dip, underscoring the sector’s resilience and its critical role in driving digital transformation across the economy. The latest release from the National…
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Nigeria’s Telecom Sector Posts 5.78% Real Growth in Q3 2025, Defying Dips
Summary: A resilient telecom sector amid modest quarterly dip Nigeria’s telecommunications sector delivered a notable performance in the third quarter of 2025, recording a real growth rate of 5.78 percent despite a modest quarterly dip. The latest figures from the National Bureau of Statistics (NBS) highlight the sector’s resilience as digital services become more embedded…