The total value of capital importation into Nigeria stood at 1.73 billion dollars in the third quarter of 2021, from 875.62 billion dollars in the preceding quarter of 2021, the National Bureau of Statistics (NBS) says. The bureau said this…
By Ogaga Ariemu 2021 would be considered as the Year of the Rebound for Nigeria’s Information and Communication Technology(ICT) sector despite Covid-19 pandemic. It was not all gloomy afterall as the Nigeria ICT Sector recorded huge milestones driven by the…
The National Bureau of Statistics (NBS) says the all-commodity group import index grew marginally by 0.52 per cent between July and Sept. It said this on Tuesday in Abuja, in the “Commodity Price Indices and Terms of Trade for Quarter…
As the yuletide festivities draw close, it is only very much in view that the streams of activities and events would be inseparable from the configurations of economic realities. The choices and spendings of many would largely be framed within…
By Seun Ibiyemi According to the recent inflation report by the National Bureau of Statistics (NBS), Nigeria’s inflation rate has continued to drop further in the month of November 2021 to 15.4% from 15.99% recorded in October month. According to…
…India, Spain, others lead export trade …Importation of petroleum products, price we pay for not reforming oil, gas sector —Former LCCI DG By Ogaga Ariemu The National Bureau of Statistics (NBS) has revealed that Nigeria recorded N3 trillion deficit foreign…
The average price for the refilling of a five kilogram (5kg) cylinder for Liquefied Petroleum Gas otherwise known as Cooking Gas increased to N2,627.94 in October from N2,397.60 in September and N1,953.71 in October 2020. The National Bureau of Statistics…
As the National Bureau of Statistics (NBS) sets to conduct the National Agricultural Sample Census (NASC) after 28 years, Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, says it is long overdue. She spoke on Thursday in Abuja…
The National Bureau of Statistics (NBS) has said Gross Domestic Product (GDP) by expenditure improved to 5.01 per cent in second quarter of 2021. The bureau in its “Nigerian GDP report (Expenditure and Income Approach),” said, “In Q1 2021, the…
By Kayode Tokede With double-digit inflation rate, among other factors, a total of 10 banks Operating Expenses (OPEX) rose by seven per cent to N932.26billion in half year of 2021 (H1) as against N871.67billion in half year of 2020. Regulatory…
