The value of transactions recorded in the Nigerian banking sector rose by N3.04 trillion in the first quarter of 2018 Also, the number of bank staffs...
The National Bureau of Statistics (NBS) report released Thursday announced that Consumer Price Index (CPI), which measures inflation, rose by 13.34 per cent (year-on-year) in March...
The National Bureau of Statistics (NBS) report has shown that the total capital importation into the country, comprising of both Foreign Direct Investments (FDI) and Foreign...
A report released by the National Bureau of Statistics (NBS) on Tuesday has shown that Nigeria’s Gross Domestic Product (GDP) grew by 0.82 per cent in...
A National Bureau of Statistics (NBS) report has revealed that about 7.5 million Nigerians have been unemployed between January 2016 and December 30, 2017. NBS stated...
The Federal Government has picked holes in the recently released third quarter report of the National Bureau of Statistics (NBS), indicating that over four million jobs...
A positive reversal of fortunes for the banking sector in 2017 was marked by an addition of 6,924 more staff in the third quarter, first time...
No less than 1,070 Nigerians died in road crashes across the country within the third quarter of 2017, a report by the National Bureau of Statistics...
The Senate Wednesday revealed that the refusal of some officials of government to honour its invitation for the consideration of templates contained in the 2018 budget was frustrating...
Nigerian equities staged a considerable recovery on Monday as the National Bureau of Statistics (NBS) released its latest economic report showing that the national economy doubled...
According to data released Monday by the National Bureau of Statistics (NBS), Nigeria’s Gross Domestic Product (GDP) recorded a growth of 1.40 percent in the third...
The latest National Bureau of Statistics (NBS) report shows that inflation rate in Nigeria has further dropped from 15.98 per cent recorded in September to 15.91...
Nigeria’s Gross Domestic Product (GDP) contracted in the third and fourth quarters of 2016, the National Bureau of Statistics (NBS) revealed on Tuesday. In a report...
The National Bureau of Statistics (NBS) has revealed that N246.30 billion was generated as Value Added Tax (VAT) in the second quarter of 2017. NBS gave...
The latest report by the National Bureau of Statistics has disclosed that inflation in Nigeria has dropped from 16.01 per cent in August to 15.98 per...
Following the damning report by the Nigeria Extractive Industries Transparency Initiative (NEITI) in July of this year, that revealed that Nigeria was only able to save...
The National Bureau of Statistics (NBS) disclosed Tuesday that Nigeria’s total foreign and domestic debts as at June 30 stood at about $15.05 billion and N14.06...
The Special Adviser on Media and Publicity to President Muhammadu Buhari, Femi Adesina, has expressed his dismay over those whom he said were sad at good...
The Peoples Democratic Party (PDP) has said that any celebration over the news of Nigeria’s exit from recession was premature as President Muhammadu Buhari’s policies remained...
The Statistician-General for the Federation and the National Bureau of Statistics (NBS) Chief Executive Officer, Dr Yemi Kale, on Wednesday said reports that Nigeria has exited...
A chieftain of the ruling All Progressives Congress (APC) and former Vice President, Atiku Abubakar, has expressed joy over reports that Nigeria has exited recession. He...
President Muhammadu Buhari has said that the news that Nigeria has come out of recession after about two years will be better appreciated when it translates...
Nigeria’s economy has finally moved out of recession after it slipped into downturn early 2016, about two years ago. This was disclosed by the National Bureau...
The Nigerian Bureau of Statistics (NBS) has stated that Stanbic IBTC, in the second quarter of this year, facilitated about $589.84 million capital inflow into the...
Analysts expect Nigeria’s inflation rate to decline further when the August 2017 report is released, making it the seventh consecutive month that the country will witness...
Hope that Nigeria’s economy is regaining its stability emerged Monday as the National Bureau of Statistics (NBS) reported that the inflation rate for July 2017 dropped...
The Nigeria Police and the judicial arm of government have been presented as the most corrupt government institutions in Nigeria. A report by the Nigeria Bureau...
Nigeria lost at least N9.74 billion in 2016 as a result of multiple public holidays observed during the year. The Guardian’s investigation revealed that in 2016...
Nigerian equities continued on the uptrend on Thursday as investors responded positively to further improvement in the macroeconomic environment. The National Bureau of Statistics (NBS) on...
Inflation in Nigeria maintained a downward trend between April and May 2017, having recorded 16.25 per cent in May, compared with 17.24 per cent it posted...
Nigeria failed to improve on its Value Added Tax (VAT) revenue in the first quarter of 2017 as it recorded N204.77 billion, 1.5 per cent lower...
Nigerian equities regained their uptrend on Tuesday as investors continued bargain-hunting for value stocks. After breaking a four-day consecutive rally with a loss of N12 billion...
Again, expectations of experts that Nigeria’s benchmark interest rate would drastically come down has been dashed, as the CBN-led Monetary Policy Commiittee (MPC) rose from its...
The National Bureau of Statistics (NBS) has released the latest inflation rate, indicating the first slowdown in the inflationary trend in the past 15 months. The...
Despite claims by the Nigerian National Petroleum Corporation (NNPC) that the four Nigerian refineries are producing at 70 per cent capacity, it can be confirmed that...
The Nigerian Government says there are indications that the Nigerian economy is well on its way out of recession considering the 2016 overall and last quarter...
Abuja is regarded as one of the finest cities in Nigeria and also among the best in Africa. It is equally regarded as the fastest growing...
The harsh economic situation in the country has thrown 1.7 million Nigerians into the job market in nine months, a report from the National Bureau of...
Nigerian inflation rose again in November, driven by higher food, petrol and electricity prices, data showed Thursday, with analysts saying that the upward trend may not...
The downtrend at the Nigerian stock market spiraled to a worse level on Tuesday as mounting sell pressure pushed share prices of most traded stocks to...
The annual inflation rate in Nigeria increased to 17.9 per cent in September, the highest in more than 11 years, from 15.5 per cent in February...
On Wednesday August 31, the National Bureau of Statistics (NBS) released official Gross Domestic Product (GDP) figures for the second quarter of 2016, confirming that the...
Nigeria economic meltdown has seen operators in its telecommunications sector losing more than 60 million lines at the end of second quarter of 2016, according to...
Nigerian equities brushed through midweek scare of weak macroeconomic data to record net capital gains of N107 billion in the past five-day trading week, broadly in...
The latest report of the National Bureau of Statistics, NBS, has shown that Lagos State is the highest in the list of states with external debts...
Former All Progressives Congress (APC), governorship aspirant in Benue state, Mr Nath Apir, has said that Nigeria is in shamble and the citizens are now regretting...
The Minister of Finance, Kemi Adeosun, has voiced what may be the official position of the Federal Government over the current economic crisis the nation is...
The National Bureau of Statistics (NBS) will this Thursday announce that Nigeria’s spiraling inflation has throttled to its highest in 11 years. Most analysts predicted that...
The average intrinsic value of money in Nigeria may further decline to its lowest in recent period as analysts forewarned that inflation rate may rise for the...
The economic woes facing Nigeria seems not to have any sign of abetting as its annual inflation index has perpetually accelerated to 16.5 percent in June, from 14.6 percent in the previous month. This, according to a data index...