Lagos State accounted for N283.46 billion or 35.68 per cent of the total N794.50 billion Internally Generated Revenue (IGR) generated by the 36 states of the...
The National Bureau of Statistics (NBS) has released its Consumer Price Index (CPI) report for December 2018, indicating that inflation rose from 11. 28 percent in...
A report from the National Bureau of Statistics (NBS) has shown that Nigeria recorded crude oil export worth N11.5 trillion in nine months, from January to...
The National Bureau of Statistics (NBS) has said India emerged Nigeria’s biggest trading partner in the third quarter of 2018. According to data released by the...
Data released by the National Bureau of Statistics (NBS) has shown that the manufacturing sector made the highest contribution to the Value Added Tax (VAT) generated...
About 14 sectors of the economy recorded a decline of about $3.45bn (about N1.05tn) in investment inflow between the first and third quarter of the year,...
The Consumer Price Index, measuring inflation rate, increased from 11.26 percent in October to 11.28 percent year-on-year in November, according to the latest inflation report by...
The National Bureau of Statistics (NBS) has said that non-performing loans of Nigerian banks stood at N2.245tn as of the end of September 2018. Accordingto the...
The inflow of investment into Nigeria declined by $2.66 billion between the second and third quarter of this year, figures released by the National Bureau of...
The Central Bank of Nigeria (CBN) has said that it expects inflation rate in the country to increase to 11.4 percent for the remaining part of...
The banking sector report of the National Bureau of Statistics, NBS, has revealed that the private sector in the country received a total of N46.53 trillion...
The importation of petroleum products into the country increased by five percent in the third quarter of 2018 from 5.3 billion litres in the second quarter...
The World Bank has lowered its growth forecast for Nigeria’s economy in 2018 to 1.9 percent as the growth continued to downsize in the oil and...
The staff strength in the nation’s banking sector rose by 12 per cent in the first half of 2018 from 90,923 staff recorded at the end...
World food prices dropped by 3.7 percent in July from the preceding month, even as Nigeria’s food inflation rose for the fifth consecutive month in June....
Nigeria’s inflation rate has dropped in June for the 17th consecutive time, even as it recorded the lowest drop in five months indicating the economic indicator...
From the presentation of the 2018 Budget to a joint session of the National Assembly to the signing of the budget by President Muhammadu Buhari on...
Nigeria’s real Gross Domestic Product (GDP) grew by 1.95% Year-on-Year (YoY) in the first quarter of 2018, indicating a stronger growth from a year earlier, the...
Nigeria’s inflation rate further dropped for the 15th consecutive month in April, creating a positive outlook for interest rate cut to drive growth. This is contained...
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...
With an inmate population of 7,396 against existing prison capacity of 3,927, Lagos State has an alarming case of prison overcrowding. These figures were part of...
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...
The 2017 first quarter Gross Domestic Product (q1 2017 GDP) figures released by the National Bureau of Statistics on Tuesday showed that Nigeria’s economy is emerging...
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...
A staggering percentage, about 73%, of Nigeria’s prison population is un-sentenced. The facts are contained in a report recently published by the National Bureau of Statistics...
The National Bureau of Statistics on Friday confirmed the fears of many close watchers of the economy, as it noted that unemployment rate was on the...
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...
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...
For the first time in the last seven years, Nigeria recorded a decline of N793.5bn in the first quarter merchandise trade to close at N2.72tn from...
The National Bureau of Statistics said on Monday that Nigeria’s inflation rate hit a six-year high in April, reaching 13%. The rates were put at 12.8%...
Nigeria’s inflation rate in February rose by 11.4 per cent compared to the 9.6 per cent in January, the National Bureau of Statistics (NBS) said on...
Undeterred by its recent recruitment exercise that led the death of over 16 graduate applicants, with many more injured, the Nigeria Immigration Service (NIS) has announced...
