• 216
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    The Federation Account Allocation Committee (FAAC) has disbursed N1.92 trillion to three tiers of government in first quarter of 2019, according to the National Bureau of Statistics (NBS). The NBS said this in FACC monthly allocation for January, February and March, 2019 Disbursement statistics published on its website and analysed by the News Agency of ...
  • 179
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    The National Bureau of Statistics (NBS) says the Joint Admissions and Matriculation Board, JAMB, recorded a 4.01 per cent drop in applications received in 2018. The NBS, in its JAMB Applications and Admitted Candidates by State and Gender within Faculty Data (2017-2018) posted on its website, stated that applications received in 2018 were over 1.65 ...
  • 224
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      Broadband penetration in Nigeria has hit 32.34% as at the end of January 2019, according to statistics from the Nigerian Communications Commission, NCC. However, the National Bureau of Statistics, NBS, has also revealed that telecoms data for Q3 and Q4 2018 reflected that a total of 172,824,239 and 162,032,481 subscribers were active on voice ...
  • 132
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          Nigeria recorded a favourable trade balance of N1.44 trillion in the fourth quarter of 2018, being 125.5 per cent higher than the record of the third quarter of the year. This is contained in the Foreign Trade in Goods Report released by the National Bureau of Statistics (NBS), on Sunday. It showed ...
  • 189
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        Mudashiru Obasa, Speaker, Lagos State House of Assembly   Mr Mudashiru Obasa, Speaker, Lagos State House of Assembly, has urged the Federal Government to intensify efforts at curbing importation of goods to boost local production. Obasa, represented by Jude Idimogu, Chairman, House Committee on Commerce, made the plea during the Lagos State Special ...
  • 196
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      The Central Bank of Nigeria, CBN, Governor, Godwin Emefiele,  says Nigeria has topped other African countries in remittances of inflows and is among the top five globally. He made this known at a remittance household surveys workshop jointly organised by the CBN and the African Institute for Remittances (AIR) on Tuesday in Abuja. Emefiele, who was ...
  • 188
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      The National Bureau of Statistics (NBS), says the total value of capital importation into Nigeria stands at $5.5 billion  in the second quarter, with flighty portfolio investors accounting for 74.7 per cent. The NBS disclosed this in its “Nigeria Capital Importation (Q2 2018)’’ report released on Tuesday in Abuja. The report noted that the ...
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    Experts on Wednesday called on the Federal Government to urgently revamp the nation’s refineries and create an enabling environment for private investment in refineries to curb the rising importation of petroleum products. The experts spoke to the News Agency of Nigeria (NAN) in Lagos against the backdrop of the report on Petroleum Products Importation Statistics ...
  • 252
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    The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measured inflation for June, decreased to 11.23 per cent (year-on-year) from 11.61 per cent recorded in May. The NBS disclosed this in its “CPI and inflation Report’’ for June released on Monday in Abuja. According to the bureau, this figure is 0.37 ...
  • 294
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    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). This shows a stronger growth when compared with the first quarter of 2017 which recorded a growth of –0.91% indicating an increase of 2.87% points. ...