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Petrol, Kerosene Record Double Digit Price Increase in December – NBS – AllAfrica News: Nigeria
The average price of Premium Motor Spirit (PMS), commonly called petrol, increased by 17.98 percent, month-on-month (MoM), even as the average price per litre paid by consumers for Kerosene jumped by 22.5 percent year-on-year in December. The National Bureau of Statistics disclosed this...- curator
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Business Harsh Economy: 3.7 Million Nigerians Were Sacked in 2016- NBS
About 3.7 million Nigerians lost their jobs in the year 2016 due to the country's harsh economy, the fourth quarter employment report of the year by the National Bureau of Statistics, NBS, says. In addition to this, the number of unemployed Nigerians rose from 7.51 million at the beginning of...- LequteMan
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Business Nigeria's Inflation Rate Hits 18.55%
Nigeria’s headline inflation has risen to 18.55 per cent its highest in more than 11 years, as World Bank predicted the country will get out of recession and grow its Gross Domestic Product by one per cent in 2017. In its January 2017 Global Economic Prospects report released on January 11, the...- ProfRem
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Business MMM Nigeria Becomes Most Visited Site In Nigeria, Overtakes Nairaland, LindaIkeji
Mavrodi Mondial Moneybox (MMM) known as MMM Nigeria has been ranked as the most recent visited site in the country by the California-based company, Alex Internet. Alexa provides analytical insights to benchmark, compare and optimize businesses through ranking on its platform. The scheme which...- ProfRem
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- cbn take on mmm economic recession mavrodi mondial moneybox mmm nigeria mmm overtakes as popular site in nigeria nbs nigeria news nigerianbulletin
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Business Nigeria: Oil Marketers Increase Price of Kerosene By 52%
Oil marketers across the country have refused to abide by the N150 per litre price for household kerosene as approved by the Nigerian National Petroleum Corporation. The NNPC had on several occasions stated that marketers should dispense kerosene at N150 per litre to their various customers but...- ProfRem
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- national bureau of statistics national household kerosene price watch nbs nigeria news nigerianbulletin nnpc price of kerosene
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Business Naira Rises 0.4% to 320.95 Per Dollar
Nigerian Naira gained on Monday morning advancing 0.4% to 320.95 to the United States Dollar at the inter-bank market. The Naira-dollar 3 month non-deliverable forwards jumped to -0.1% to 350 per United States Dollar The Ghanian Cedi on the hand, falls 0.1% to 3.95 to a United States Dollar...- ProfRem
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- dollar exchange rate inter bank market nbs nigeria news nigerianbulletin yemi kale
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Business Nigeria Records First Negative Trade Balance in 7 Years
The NBS released its 2016 First Quarter Balance of Trade report, which showed that Nigeria had a negative trade balance of N184.1 billion. This will be the first time the country will be recording a negative trade balance since data collection began in 2008. Trade balance, which is also known...- ProfRem
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- crude oil latest nigerian trade report nbs nigeria nigeria records negative trade balance nigeria trade report
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Business Nigeria’s April Inflation Rate Jumps To 13.7%
Nigerian inflation accelerated for a sixth consecutive month in April which stood at 13.7% and at the highest pace since August 2010. According to the Bureau, the Headline index increased by 13.7% (year-on-year), roughly 0.9% points higher from rates recorded in March (12.8%). The higher rate...- ProfRem
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Metro NBS: List of States Recorded With Improved IGR in 2015
The National Bureau of Statistics, NBS, has identified the eleven states with an improved records of internal revenue in 2015. Details of the performances of respective states showed that: Ogun State’s IGR records were adjudged best, with a 49.42 per cent increase, almost doubling the N17.5bn...- ProfRem
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Business Nigeria's Inflation Rate Rises Again to 12.8%
Nigeria’s yearly inflation rose to 12.8% last month from 11.4% in February, even as growth projections of the economy remain gloomy. According to the National Bureau of Statistics (NBS): “The higher price level was reflected in faster increases across all divisions,” adding that it is expecting...- ProfRem
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Business Nigeria: See February 2016 Inflation Rate in Infographics
Nigeria's annual consumer inflation rate in February rose to 11.4 percent, 176 basis points higher than in January, to near a three-and-a-half year high, data from the National Bureau of Statistics (NBS) revealed. Food prices, which account for the bulk of the inflation basket, climbed by 11.3...- ProfRem
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- february inflation rate national bureau of statistics nbs nigeria inflation rate
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