Tag: NBS
Remittances Inflows: Nigeria Tops Other African countries…Among Top 5 Globally -Emefiele
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 ...Nigeria’s capital importation in Q2 stands at $5.513billion — NBS
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 ...Experts urge FG to revive refineries to reduce fuel import
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 ...Nigeria’s inflation drops to 11.23 % in June – NBS
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 ...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). 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. ...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 in the fourth quarter of 2017. The National Bureau of Statistics, NBS, Tuesday announced that the economy grew in the fourth quarter of 2017 by ...
