Figures released by the National Bureau of Statistics last week show inflation at 11.14 per cent in Africa’s largest economy.
The inflation rate represents both a drop and an increase, depending on how one looks at it. Taken from the Consumer Price Index (we come …
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The Statistician-General of the Federation, Yemi Kale, has said Nigeria’s economy has not recovered from the 2016 recession.
Kale, who is also Chief Executive Officer of the National Bureau of Statistics, said the conflicts between farmers and herdsmen had dragged down the Gross Domestic...
Festus Keyamo, senior advocate of Nigeria (SAN), does not believe the figures of the National Bureau of Statistics (NBS) on increase in poverty under the current administration.
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Latest reports from the National Bureau of Statistics (NBS) revealed that Nigeria’s total merchandise trade stood at N7,211.61 billion in the first quarter of 2018, showing a growth of 19.74 percent from the (N6.022.93 billion) recorded in the fourth quarter of 2017.
In the …
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Despite a marginal decline by about -0.16 per cent from last quarter of 2017, the Nigerian economy maintained a strong growth trend in the first quarter of 2018, the National Bureau of Statistics (NBS) said.
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The National Bureau of Statistics (NBS), says the Nigeria Immigration Service (NIS) generated more than N35.72 billion from passports applications in 2017.
The NBS said this in a statistics on Immigration for 2017 posted on its website.
According to the report, the figure is less than the …...
Although Nigeria is Africa’s largest oil producer, it is also one of the continent’s largest importer of refined petroleum products.
However, despite being a net importer of refined petroleum products, including petrol, no Nigerian government agency has the authentic data on the daily petrol...
The National Bureau of Statistics, NBS, says the Consumer Price Index, CPI, which measures inflation level in the economy, has again slowed – this time by 0.99 per cent points which is the biggest drop in 11 months stretching between March 2017 to March 2018.
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The report by the National Bureau of statistics has revealed that 92% of the total number of persons faced with conflict were denied support with the period of 2010-2017.
The report which covers conflict in North East, North Central and South South captured several events of conflict for the...
The National Bureau of Statistics (NBS) has said that Nigeria’s total exports in the third quarter of 2017 stood at N3.57 billon, showing 13.19 per cent increase over the amount recorded in the second quarter. The NBS stated this in “Foreign Trade Statistics for the Third Quarter 2017’’ posted …...
The National Bureau of Statistics has revealed the geographical zone with the highest bribery rate in the country
Nigeria’s Northwest and Northeast regions have the highest prevalence of bribery among adults, a new report published on Wednesday indicates.
The report, prepared by Nigeria’s...
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Nigerian economy contracted by 0.52 per cent year-on-year for the first quarter of 2017,
but much better 1.21 per cent than deeper -1.73 per cent recorded in fourth quarter of 2016.
The National Bureau of Statistics (NBS), stated this in first quarter 2017 Gross Domestic Product (GDP) report...
The National Bureau of Statistics said the average price of imported rice decreased by 6.72 per cent, as one kilogramme was sold for N250.30 in April from N418.71 in March.
The NBS stated this in its“Selected Food Price watch data for April 2017” released on Tuesday in Abuja.
It, however...
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The average price per litre of household kerosene in March was lower by 11.59 per cent at N311.56k compared with N352.42k in February, the National Bureau of Statistics said.
The “National Household Kerosene Price Watch (March 2017)’’ in the Consumer Price Index for the month, released in Abuja...
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Nigeria’s gross domestic product contracted by 1.51 percent in 2016, the National Bureau of Statistics said on Tuesday.
Africa’s largest economy slid into recession for the first time in 25 years in the second quarter of 2016 as a slump in crude prices and attacks on oil installations in the...
More headache for President Muhammadu Buhari-led federal government as Nigerian economy continued to languish in recession in the third quarter as its shrank 2.24 per cent compared to the same three months in 2015.
This was a further deterioration on the 2.06 per cent contraction in the second...
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Oil marketers across the country have refused to abide by the N150 per litre price for household kerosene as approved by the Nigerian National Petroleum Corporation.
The NNPC had on several occasions stated that marketers should dispense kerosene at N150 per litre to their various customers but...
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As Nigerians and international communities are waiting for Nigeria’s second quarter GDP data, Nairametrics has gathered that the Bureau lacks cash to mobilize operatives to help collected the data required to conduct GDP data.
According to Nairametrics, the Bureau has not been funded since...
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Nigeria's annual consumer inflation rate in February rose to 11.4 percent, 176 basis points higher than in January, to near a three-and-a-half year high, data from the National Bureau of Statistics (NBS) revealed.
Food prices, which account for the bulk of the inflation basket, climbed by 11.3...
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