Following the damning report by the Nigeria Extractive Industries Transparency Initiative (NEITI) in July of this year, that revealed that Nigeria was only able to save...
The National Bureau of Statistics (NBS) disclosed Tuesday that Nigeria’s total foreign and domestic debts as at June 30 stood at about $15.05 billion and N14.06...
The Special Adviser on Media and Publicity to President Muhammadu Buhari, Femi Adesina, has expressed his dismay over those whom he said were sad at good...
The Peoples Democratic Party (PDP) has said that any celebration over the news of Nigeria’s exit from recession was premature as President Muhammadu Buhari’s policies remained...
The Statistician-General for the Federation and the National Bureau of Statistics (NBS) Chief Executive Officer, Dr Yemi Kale, on Wednesday said reports that Nigeria has exited...
A chieftain of the ruling All Progressives Congress (APC) and former Vice President, Atiku Abubakar, has expressed joy over reports that Nigeria has exited recession. He...
President Muhammadu Buhari has said that the news that Nigeria has come out of recession after about two years will be better appreciated when it translates...
Nigeria’s economy has finally moved out of recession after it slipped into downturn early 2016, about two years ago. This was disclosed by the National Bureau...
The Nigerian Bureau of Statistics (NBS) has stated that Stanbic IBTC, in the second quarter of this year, facilitated about $589.84 million capital inflow into the...
Analysts expect Nigeria’s inflation rate to decline further when the August 2017 report is released, making it the seventh consecutive month that the country will witness...
Hope that Nigeria’s economy is regaining its stability emerged Monday as the National Bureau of Statistics (NBS) reported that the inflation rate for July 2017 dropped...
The Nigeria Police and the judicial arm of government have been presented as the most corrupt government institutions in Nigeria. A report by the Nigeria Bureau...
Nigeria lost at least N9.74 billion in 2016 as a result of multiple public holidays observed during the year. The Guardian’s investigation revealed that in 2016...
Nigerian equities continued on the uptrend on Thursday as investors responded positively to further improvement in the macroeconomic environment. The National Bureau of Statistics (NBS) on...
Inflation in Nigeria maintained a downward trend between April and May 2017, having recorded 16.25 per cent in May, compared with 17.24 per cent it posted...
Nigeria failed to improve on its Value Added Tax (VAT) revenue in the first quarter of 2017 as it recorded N204.77 billion, 1.5 per cent lower...
Nigerian equities regained their uptrend on Tuesday as investors continued bargain-hunting for value stocks. After breaking a four-day consecutive rally with a loss of N12 billion...
Again, expectations of experts that Nigeria’s benchmark interest rate would drastically come down has been dashed, as the CBN-led Monetary Policy Commiittee (MPC) rose from its...
The National Bureau of Statistics (NBS) has released the latest inflation rate, indicating the first slowdown in the inflationary trend in the past 15 months. The...
Despite claims by the Nigerian National Petroleum Corporation (NNPC) that the four Nigerian refineries are producing at 70 per cent capacity, it can be confirmed that...
The Nigerian Government says there are indications that the Nigerian economy is well on its way out of recession considering the 2016 overall and last quarter...
Abuja is regarded as one of the finest cities in Nigeria and also among the best in Africa. It is equally regarded as the fastest growing...
The harsh economic situation in the country has thrown 1.7 million Nigerians into the job market in nine months, a report from the National Bureau of...
Nigerian inflation rose again in November, driven by higher food, petrol and electricity prices, data showed Thursday, with analysts saying that the upward trend may not...
The downtrend at the Nigerian stock market spiraled to a worse level on Tuesday as mounting sell pressure pushed share prices of most traded stocks to...
The annual inflation rate in Nigeria increased to 17.9 per cent in September, the highest in more than 11 years, from 15.5 per cent in February...
On Wednesday August 31, the National Bureau of Statistics (NBS) released official Gross Domestic Product (GDP) figures for the second quarter of 2016, confirming that the...
Nigeria economic meltdown has seen operators in its telecommunications sector losing more than 60 million lines at the end of second quarter of 2016, according to...
Nigerian equities brushed through midweek scare of weak macroeconomic data to record net capital gains of N107 billion in the past five-day trading week, broadly in...
The latest report of the National Bureau of Statistics, NBS, has shown that Lagos State is the highest in the list of states with external debts...
Former All Progressives Congress (APC), governorship aspirant in Benue state, Mr Nath Apir, has said that Nigeria is in shamble and the citizens are now regretting...
The Minister of Finance, Kemi Adeosun, has voiced what may be the official position of the Federal Government over the current economic crisis the nation is...
The National Bureau of Statistics (NBS) will this Thursday announce that Nigeria’s spiraling inflation has throttled to its highest in 11 years. Most analysts predicted that...
The average intrinsic value of money in Nigeria may further decline to its lowest in recent period as analysts forewarned that inflation rate may rise for the...
The economic woes facing Nigeria seems not to have any sign of abetting as its annual inflation index has perpetually accelerated to 16.5 percent in June, from 14.6 percent in the previous month. This, according to a data index...
By.Abiodun Komolafe… “He who knows no hardships will know no hardihood. He who faces no calamity will need no courage. Mysterious though it is, the characteristics...
By Reno Omokri… On Friday, May 20th, 2016, Dr. Yemi Kale, the Statistician General of the Federation and head of the Nigerian Bureau of Statistics (NBS),...
The National Bureau of Statistics, NBS, has released a grim report on Nigeria’s economy, as its Q1 2016 report showed that the nation’s real Gross Domestic...
The Central Bank of Nigeria, CBN, has approved the sum of N3 million loan for each beneficiary of the Youth Innovative Entrepreneurship Development Programme, YIEDP. This,...
The National Bureau for statistics says Nigerian exports fell 40.3 percent in 2015. There are heightened fears that the figures for 2016 may not fair better...
The Gross Domestic Product, GDP of Nigeria declined to 2.11% in the fourth quarter of 2015 as against 2.84% in the third quarter, the National Bureau...
The National Bureau of Statistics (NBS) has stated that speculative pressure on the Naira was likely to persist in 2016 in light of the current state...
In from Ali Smart . . . . Nigeria expended a total of N20 trillion on fuel importation from January 2010 to September 2015, the Nigerian...
The National Bureau of Statistics (NBS) has adopted the Stanbic IBTC Nigeria Purchasing Manager’s Index (PMI) as its private sector-based index for the country. Statistician General...
The National Bureau of Statistics (NBS) says Nigeria’s unemployment rate jumped to 7.5 per cent in the first quarter of the year (Q1 2015) compared to...
The National Bureau of Statistics (NBS) yesterday puts the final expenditure on Gross Domestic Product (GDP) of the three tiers of government at 42.81 per cent...
