President Bola Tinubu claims Nigeria's economy is on a positive trajectory following a 3.2% GDP growth in Q2 2024, as reported by the National Bureau of Statistics. Tinubu reassured citizens of ongoing economic reforms and projected increased crude oil production, emphasizing a commitment to...
Nigeria's inflation rate surges to 33.69% in April, up from 33.20% in March, exacerbating economic hardship as the cost of living soars.
Nigeria's economic woes have deepened as the country's inflation rate surged to a staggering 33.69% in April, up from 33.20% in March, according to the latest...
In a proactive move to combat the surging cost of food, President Bola Tinubu has instructed the Ministry of Agriculture and Food Security to release 42,000 metric tons of maize, millet, and other strategic reserves.
This decision, following a meeting of the Presidential Committee on Emergency...
As economic turmoil intensifies, the National Bureau of Statistics (NBS) released its December 2023 Consumer Price Index (CPI) on Monday afternoon, revealing a shocking surge in Nigeria's inflation rate to 28.9%.
In comparison to November 2023's 28.20%, this new figure represents a significant...
Foreign investors exhibited a noticeable shift in their preferences as capital importation into Nigeria declined by 30 percent, amounting to $2.16 billion in the first half of 2023, compared to $3.11 billion during the same period in the previous year. This revelation was made in the National...
The nation’s gross domestic product (GDP) declined to 1.94% in the second quarter of 2019.
According to the second-quarter GDP report released by the National Bureau of Statistics (NBS), the GDP figure is 0.16 percentage points lower than the 2.10% recorded in the first quarter of 2019.
In the...
In 2018, four Nigerian states recorded a decline in internally generated revenue, according to the latest figures from the National Bureau of Statistics (NBS). In its fourth-quarter report 2018 States and FCT IGR released last week, 32 Nigerian States including the …
Read more via Naijaloaded...
After months of delay, the National Bureau of Statistics on Wednesday finally released the Labour Statistics Report for the third quarter of this year with the unemployment rate rising from 18.8 per cent in the third quarter of last year to 23.1 per cent.
The report which was posted on the...
The National Bureau of Statistics (NBS) said residents of Rivers paid the lowest bus fare within city in May.
The NBS stated this in Transport Fare Watch for May 2018 published …
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With non-oil sector of the economy still in recession by the third quarter of 2017, National Bureau of Statistics (NBS) is set to release the fourth quarter gross domestic product data and full 2017 figures on Tuesday according to its data release calendar for 2018.
Read more via TODAY.NG –...
The National Bureau of Statistics on Tuesday released the Consumer Price Index which measures inflation with the rate dropping from 15.9 per cent in November to 15.37 per cent in December. The drop of 0.53 percent points recorded in December makes it the eleventh consecutive slowdown in …
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