Tag: NBS
-
China is Nigeria’s highest import partner, total trade at N6.2bn in Q2 – NBS
The demand for goods and services from China is still on the high as the Asian country tops the list of import trading partners by 31.41% in the second quarter of 2020, the latest data from Nigeria’s National Statistical Agency shows. This is despite the sharp fall in the value of the country’s total trade ... -
NBS says Imo State records highest rate of unemployment in the country
Imo State has the highest rate of unemployment in the country, according to the National Bureau of Statistics (NBS). The NBS disclosed this in its ‘Labor Force Statistics: Unemployment and Underemployment Report’, Abridged Labour Force Survey Under Covid-19, released on Friday. The report states that the State accounts for 48.7 per cent of unemployment cases ... -
Nigeria’s unemployment rate rises by 27.1% in Q2 2020 – NBS
Nigeria’s unemployment rate has gone up by 27 per cent in the second quarter of 2020, from 23.1 per cent it reported in Q3 2018, according to the National Bureau of Statistics (NBS). The NBS disclosed this in its ‘Labor Force Statistics: Unemployment and Underemployment Report’, Abridged Labour Force Survey Under Covid-19, released on Friday. ... -
FG spent over N500m on SFP during lockdown – Minister
The Federal Government expended about N523.3 million on School Feeding Programme (SFP) during the lockdown against the coronavirus pandemic. The Minister of Humanitarian Affairs, Disaster Management and Social Development (MHADMSD), Sadiya Farouq, announced this at the Presidential Taskforce briefing on COVID-19 on Monday in Abuja. Farouk made the revelation against the rumours and speculations going ... -
NBS says 40.1% of Nigerians are considered poor, live on less than N11,500 monthly income
The National Bureau of Statistics (NBS) says Nigeria 40.1 percent of total population were classified as poor. The NBS made this known in its report on Poverty and Inequality in Nigeria 2019, released on Monday, titled: Poverty and Inequality in Nigeria 2019 According to the NBS on average 4 out of 10 individuals in Nigeria ... -
Nigeria records highest quarterly GDP growth since 2016 recession, grows by 2.27% -NBS
The nation’s Gross Domestic Product (GDP) has recorded a growth of 2.55 per cent (year-on-year) in real terms in the fourth quarter of 2019, the highest since the recession in 2016. This was revealed in the latest report released by the National Bureau of Statistics (NBS). The figure shows an increase of 0.17 per cent ... -
Food prices cause inflation to hit near two-year high in January
Annual inflation in Nigeria rose in January to its highest level in nearly two years, data released on Tuesday by the country’s National Bureau of Statistics, NBS, showed, as prices increased across all categories measured. The report shows that increase in food prices has forced Nigeria’s inflation for the month of January 2020 to hit ... -
Unemployment: PDP accuses APC of engaging in “under-the-table system of selective employment of a few”
The Peoples Democratic Party (PDP) has condemned the rate of unemployment in the country, saying the All Progressives Congress (APC) has overstretched the limits of Nigerians. It also accused the ruling party of trivialising and politicising the frightening level under it and warned the APC to get ready to face the consequences. The main opposition ... -
Border closure: We’ve really advanced in the discussion, agreement with our neighbours – FG
Nigeria’s recent border closure drill has been linked to the recent rise in headline inflation which is currently at 11.61 per cent as of October 2019. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, briefed State House Correspondents after the Federal Executive Council (FEC) meeting in Abuja, that recent figures from the ... -
Capital importation into Nigeria declines by 7.7% in Q3, 2019
Fresh statistics released by National Bureau Of Statistics (NBS) on Monday revealed that the bulk of capital importation into Nigeria declined by 7.7%. The report shows that total value of capital importation into Nigeria stood at $5,367.56 million in 2019 third quarter (July to September). This represents a decrease of -7.78% compared to 2019 second ...
