Nigeria’s GDP grows by 5.01% in Q2, 2021
August 26, 2021 Nigeria has recorded its third consecutive quarterly growth, the National Bureau of Statistics (NBS) has reported. Nigeria’s Gross Domestic Product (GDP) grew by 5.01% (year-on-year) in real…
VAT increases by N15.86bn in Q2 – NBS
Aug. 10, 2021 Nigeria recorded an increase of N15.86 billion Value Added Tax (VAT) revenue from N496.39 billion generated in quarter one (Q1, 2021) to N512.25 billion in Q2. This…
17m housing deficit: FG refutes data, says yet to ascertain purported source – Fashola
July 15, 2021 The Minister of Works and Housing, Babatunde Fashola on Thursday refuted a widespread statistics claiming that Nigeria has a 17 million housing deficit, pointing out that no…
Lagos accounts for 12.31% of total domestic debt stock as FG, States owe N33.11tn in external, domestic debt in Q1 – NBS
June 24, 2021 The Federal and State governments are owing N33.11 trillion in public debts, as at March 31, according to latest figures released by the National Bureau of Statistics…
Lagos, Rivers, FCT Top List As States’ IGR Drop By N20bn In 2020 – NBS
April 17, 2021 Lagos, Rivers, and the Federal Capital Territory (FCT) have topped the list of states with the highest amount of Internally Generated Revenue (IGR) in 2020. This is…
At 18.17 %, Nigeria records its highest inflation rate in 4 years
April 15, 2021 Nigeria has recorded its highest inflation rate in four years according to the National Bureau of Statistics (NBS) in its Consumer Price Index (CPI) report for March…
NEC pledges support for national broadband penetration plan
The Minister of Communications and Digital Economy, Mr. Ali Isa Pantami has sought the support of National Economic Council (NEC) in the formulation and implementation of policies that will ease…
NBS unemployment report: APC’s job creation, mere statistic hoax being used to deceive the people
The Peoples Democratic Party (PDP) has accused the All Progressives Congress (APC) led the Federal Government of lying to Nigerians about employment and job creation. It made the allegation in…
Nigeria’s Unemployment Rose To 33.3% in Q4 2020
Nigeria’s unemployment rate rose from 27.1% to 33.3% in the fourth quarter of 2020. According to the Labour Statistics Report released by the National Bureau of Statistics (NBS) on Monday,…
Nigeria’s Inflation rose to 17.33% in February, highest in 4 years
Nigeria’s inflation rate rose to 17.33% in February from 16.47% recorded in January, the highest point since April 2017. According to the CPI/Inflation report released by the National Bureau of Statistics…