Nigeria’s inflation drops to 11.61 % in May – NBS
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measures inflation for May, decreased to 11.61 per cent (year-on-year) from 13.34 per cent recorded in April….
Nigeria’s GDP grows by 1.95 % in Q1, non-oil sector accounts for 90.3%
May 21, 2018 The oil sector’s contribution to Nigeria’s Gross Domestic Product, GDP remains below 10 per cent in Q1 figures of the nation’s GDP released by the National Bureau…
Nigeria’s GDP records 1.95% growth in Q1 2018; telecom stays afloat
Nigeria’s Gross Domestic Product (GDP) grew by 1.95% (year-on-year) in real terms in the first quarter of 2018, according to data just released by the National Bureau of Statistics (NBS)….
Nike Akande urges Nigerians to be patient over economy
April 13, 2018 A former Minister of Industry, Chief (Mrs) Nike Akande, has urged Nigerians to be patient and expect more improvement in the nation’s economy. She made the plea…
AS ECONOMY REBOUNDS; 3.5% GROWTH ESTIMATE FOR 2018 FEASIBLE, SAYS FG
The estimate of the Buhari administration that the Nigerian economy will grow this year up to 3.5% is on course as the just released GDP figures indicate a further growth…
Warning: Spike in pump price of fuel may push up inflation again, experts predict
Hopes for Nigeria’s first rate cut since 2015 dimmed as higher fuel costs in January countered a drop in food prices and kept inflation well outside the central bank’s target,…
FG replies Obasanjo, says Buhari too busy to be distracted by 2019 election
Full Text: Lai Mohammed Replies Obasanjo’s Letter For the record, Chief Obasanjo is a patriot, and he has proven this time and time again. We appreciate what he said concerning…