NBS: 20% of Nigeria’s full-time workers lost jobs in 2020

The National Bureau of Statistics (NBS) says that 20 percent of the full-time workforce in Nigeria…

Nigeria’s inflation rate declines to 17.01% in August

A report released on Wednesday by the National Bureau of Statistics (NBS) shows that Nigeria’s inflation…

Telecoms sector impacts on Nigeria’s GDP growth

Nigeria’s Gross Domestic Product (GDP) grew by 5.01% (year-on-year) in real terms in the second quarter…

Nigeria’s inflation drops fourth consecutive month to 17.38% in July – NBS

Nigeria’s inflation has dropped for the fourth consecutive month to 17.38 per cent from the 17.75…

Nigeria’s inflation rate slows to 17.75% in June

The consumer price index (CPI), which measures the rate of change in prices of goods and…

Nigeria’s total public debt hits N33.11trn

The National Bureau of Statistics (NBS), on Thursday, put Nigeria’s debt profile at N33.11 trillion as…

42% of workers in Nigerian banks contract staff – NBS

Two out of every five people working in Nigerian banks are contract staff, analysis of data…

Nigeria’s capital importation plunges to $9.68bn — lowest in four years

The National Bureau of Statistics (NBS) says Nigeria’s capital importation declined by 59.65 per cent at…

FG generates N1.53trn from VAT in 2020 – NBS

Nigeria has recorded an increase in Value Added Tax revenue, from N1.18trn generated by the different…

Inflation rises for 16th consecutive month, hits 15.75% – NBS

Nigeria’s inflation index has risen for the 16th consecutive month in December 2020 to 15.75 per…

Energy sector firms owe Nigerian banks N5.83tn – NBS

The debts owed by energy firms to Nigerian banks rose by N200bn to N5.85tn in the…

Expert seeks structural reforms as food inflation hits 17.38%

The National Bureau of Statistics, on Monday, released the Consumer Price Index Report, with Nigeria’s food…

Nigeria’s trade deficit widens to N1.8trn in Q2 – NBS

The National Bureau of Statistics, on Wednesday, released the country’s merchandise trade report with Nigeria’s foreign…

Shari’ah Council berates NBA for allegedly taking side in Southern Kaduna crisis

The Supreme Council for Shari’ah in Nigeria, has berated the Nigerian Bar Association for allegedly taking…

Half of households reduced food consumption to cope with COVID-19 shocks – NBS

A COVID-19 impact survey conducted by the National Bureau of Statistics (NBS) shows that a large…

Nigeria’s GDP expands by 1.87% amid global challenges

Nigeria’s gross domestic product (GDP) expanded by 1.87% in the first quarter of 2020, according to…

NBS says 82.9 million Nigerians living in poverty

The 2019 Poverty & Inequality in Nigeria report released by the National Bureau of Statistics on…

Food prices fall in Lagos as March inflation hits 12.26%

Data released by the National Bureau of Statistics (NBS) has shown that the consumer price index…

Nigeria report first negative trade balance since June 2016

Nigeria has recorded its first quarterly trade deficit since July 2016 as the value of its…

Nigeria’s oil production hits three-year high as GDP grows by 2.28%

Data made available by the National Bureau of Statistics (NBS) shows that the country’s gross domestic…

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