By John Chukwu… The New Year – 2019 – is here with us. It is a year which will mark a watershed in the political history...
Data released by the National Bureau of Statistics (NBS) has shown that the manufacturing sector made the highest contribution to the Value Added Tax (VAT) generated...
The National Bureau of Statistics, NBS, has said that Nigeria’s unemployment rate increased to 23.1 in the third quarter of 2018 as against the 18.8 percent...
The Consumer Price Index, measuring inflation rate, increased from 11.26 percent in October to 11.28 percent year-on-year in November, according to the latest inflation report by...
The National Bureau of Statistics (NBS) has said that non-performing loans of Nigerian banks stood at N2.245tn as of the end of September 2018. Accordingto the...
The inflow of investment into Nigeria declined by $2.66 billion between the second and third quarter of this year, figures released by the National Bureau of...
The Central Bank of Nigeria (CBN) has said that it expects inflation rate in the country to increase to 11.4 percent for the remaining part of...
The banking sector report of the National Bureau of Statistics, NBS, has revealed that the private sector in the country received a total of N46.53 trillion...
The National Bureau of Statistics (NBS) has said the 36 states of the federation received a total sum of N1.23 trillion as net allocation from the...
The country’s inflation rate dropped by 0.02% from 11.28% in September to 11.26% in October, the National Bureau of Statistics (NBS) has said. This followed the...
The World Bank has lowered its growth forecast for Nigeria’s economy in 2018 to 1.9 percent as the growth continued to downsize in the oil and...
The Statistician General of the Federation, Dr. Yemi Kale, said the National Bureau of Statistics (NBS) would soon commence the Nigeria Living Standard Survey (NLSS) to...
In spite of the drop in the average pump price of Premium Motor Spirit, otherwise known as petrol, in the Federal Capital Territory (FCT), Abuja, and...
Twenty four states of the federation sold Petroleum Motor Spirit (PMS), otherwise known as petrol, at an average price of over N145 per litre in August,...
EVERY four hours, no fewer than two lives are lost on Nigerian roads. And every year, about 20,000 of the 11.654 million vehicles in the country...
The Minister of State for Petroleum, Ibe Kachikwu, has said the decline in the nation’s crude oil production may likely continue into next year. According to...
The Statistician-General of the National Bureau of Statistics (NBS), Yemi Kale, said the Nigerian economy could be regarded as a diversified economy based on the Q2...
The nation’s foreign exchange reserves have dropped below $46 billion, available data from the Central Bank of Nigeria (CBN) showed on Wednesday. The reserves, which stood...
The Central Bank of Nigeria (CBN) said the maximum credit issuable to agriculture, manufacturing, and other related sectors that are employment and growth stimulating to the...
The staff strength in the nation’s banking sector rose by 12 per cent in the first half of 2018 from 90,923 staff recorded at the end...
The Statistician-General of the National Bureau of Statistics (NBS), Yemi Kale, said the clashes between farmers and herdsmen slowed down the rate of growth in Nigeria’s...
World food prices dropped by 3.7 percent in July from the preceding month, even as Nigeria’s food inflation rose for the fifth consecutive month in June....
The total number of power consumers with prepaid meters by electricity Distribution Companies (DisCos) in the country rose by 6.23 percent in the first quarter of...
The National Bureau of Statistics has said unemployment is the major problem confronting the nation and not corruption as speculated. The bureau stated that Nigerians believe...
Nigeria’s inflation rate has dropped in June for the 17th consecutive time, even as it recorded the lowest drop in five months indicating the economic indicator...
Nigeria’s inflation rate is expected to drop for the 17th consecutive month in June, indicating that prices of goods and services increased in June at a...
About 18 million Nigerians have been estimated to become unemployed in the next four years, analysts at FSDH Research have forecasted. In December 2017, the National...
The National Bureau of Statistics (NBS) on Friday faulted the basis of the recent Brookings Report rating Nigeria over India as the new global extreme poverty...
The Federal Government, States and Local Governments of the federation received a total sum of N608.33 billion as allocations in May, the National Bureau of Statistics...
From the presentation of the 2018 Budget to a joint session of the National Assembly to the signing of the budget by President Muhammadu Buhari on...
Nigeria’s Consumer Price Index (CPI) further dropped for the 16th consecutive month in May, moving the index closer to the Central Bank of Nigeria’s (CBN) target,...
The National Bureau of Statistics (NBS) said the average prices for the refilling of a 5kg and 12.5kg cylinder for Liquefied Petroleum Gas (Cooking Gas) increased...
The average price of Premium Motor Spirit, popularly known as petrol, in Nigeria reduced in May 2018, the National Bureau of Statistics (NBS) has said in...
The total value of goods exports from Nigeria to foreign countries rose in the first quarter of 2018 to N4.69 trillion, causing a strong growth in...
A recent data by the National Bureau of Statistics (NBS) has shown that the Federal Capital Territory (FCT), Abuja is the most expensive city for bus...
The value of transactions recorded in the Nigerian banking sector rose by N3.04 trillion in the first quarter of 2018 Also, the number of bank staffs...
The National Bureau of Statistics (NBS) report released Thursday announced that Consumer Price Index (CPI), which measures inflation, rose by 13.34 per cent (year-on-year) in March...
The National Bureau of Statistics (NBS) report has shown that the total capital importation into the country, comprising of both Foreign Direct Investments (FDI) and Foreign...
A report released by the National Bureau of Statistics (NBS) on Tuesday has shown that Nigeria’s Gross Domestic Product (GDP) grew by 0.82 per cent in...
A National Bureau of Statistics (NBS) report has revealed that about 7.5 million Nigerians have been unemployed between January 2016 and December 30, 2017. NBS stated...
The Federal Government has picked holes in the recently released third quarter report of the National Bureau of Statistics (NBS), indicating that over four million jobs...
A positive reversal of fortunes for the banking sector in 2017 was marked by an addition of 6,924 more staff in the third quarter, first time...
No less than 1,070 Nigerians died in road crashes across the country within the third quarter of 2017, a report by the National Bureau of Statistics...
The Senate Wednesday revealed that the refusal of some officials of government to honour its invitation for the consideration of templates contained in the 2018 budget was frustrating...
Nigerian equities staged a considerable recovery on Monday as the National Bureau of Statistics (NBS) released its latest economic report showing that the national economy doubled...
According to data released Monday by the National Bureau of Statistics (NBS), Nigeria’s Gross Domestic Product (GDP) recorded a growth of 1.40 percent in the third...
The latest National Bureau of Statistics (NBS) report shows that inflation rate in Nigeria has further dropped from 15.98 per cent recorded in September to 15.91...
Nigeria’s Gross Domestic Product (GDP) contracted in the third and fourth quarters of 2016, the National Bureau of Statistics (NBS) revealed on Tuesday. In a report...
The National Bureau of Statistics (NBS) has revealed that N246.30 billion was generated as Value Added Tax (VAT) in the second quarter of 2017. NBS gave...
The latest report by the National Bureau of Statistics has disclosed that inflation in Nigeria has dropped from 16.01 per cent in August to 15.98 per...
