Inflation jumped by 11.85% in November 2019 — NBS
The National Bureau of Statistics (NBS) said inflation increased by 11.85 per cent year on year in November 2019. The NBS made this known in ITS Consumer Price Index (CPI)…
Capital importation to Nigeria stands at $8.48bn in Q1 2019; UK is top source
The National Bureau of Statistics (NBS), said that the total value of capital importation into Nigeria stood at 8,485 million dollars in the first quarter of 2019. The United Kingdom…
Nigeria’s GDP noses up as non-oil sector grows by 0.41%
The National Bureau of Statistics (NBS) said Nigeria’s Gross Domestic Product (GDP) recorded a positive growth as the non-oil sector grew in real terms by 0.41 per cent in first…
Nigeria’s foreign debt now $25.27bn; Lagos, Edo top high debtor states – NBS
The National Bureau of Statistics (NBS) said Nigeria’s foreign debt stood at 25.27 billion US dollars as at 31st Dec., 2018. The NBS said this in “Nigerian Domestic and Foreign…
Banks’ lending to private sector drops by N600.6bn in 6 quarters, manufacturers lament
The total loans granted by Nigerian banks to the private sector declined by N600.60bn, from N16 trillion in the first quarter of 2017 to N15.34 trillion, in the second quarter…
Tourism contributes 34% to Nigeria’s GDP, generates 20% employment
June 5, 2018 The National Bureau of Statistics (NBS) on Tuesday said tourism sector accounted for 34 per cent of GDP and about 20 per cent of the nation’s employment…
Bauchi residents paid N144 per litre of petrol in April – NBS
May 14, 2018 The National Bureau of Statistics (NBS) says residents of Bauchi State bought a litre of Premium Motor Spirit (PMS), also known as petrol, at an average…
Nigeria’s capital importation hits $6.30million in first quarter – NBS
May 11, 2018 The National Bureau of Statistics (NBS) says Nigeria’s capital importation in the first quarter stood at 6,303.63 million dollars. The NBS stated this in the Nigerian Capital…
Nigeria Immigration generates 35.72bn from passports in 2017 – NBS
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…
2019 elections: Olatunji Arowolo, a statistician predicts high inflation
April 16, 2018 A statistician, Dr Olatunji Arowolo, says the country may experience high inflation rate due to demand and spending pattern as it prepares for the 2019 elections. Inflation…