The National Bureau of Statistics (NBS) has said headline inflation dropped to 18.12 per cent, 0.05 per cent lower than 18.17 per cent recorded in March 2021. NBS in its Consumer Price Index, (CPI) on Monday said, “on month-on-month basis,…
The National Bureau of Statistics (NBS) said the federal government has raked in a total of N496.39 billion from Value Added Tax in the first quarter of 2021. This represents a nine per cent quarter-on-quarter (QoQ) increase in VAT when…
The National Bureau of Statistics (NBS) and the Nigerian Ports Authority (NPA) have signed a Memorandum of Understanding (MoU) to improve data collection and analytics on port related activities. The MoU was signed on Tuesday in Abuja by Mr Yemi…
By Kayode Tokede The National Bureau of Statistics (NBS) has disclosed that Microfinance Banks (MfBs) recorded an 82per cent boost in lending rising from N300.2 billion in 2019 to N546.6 billion in 2020. As of 2018 total microfinance loans to the…
By Kayode Tokede The National Bureau of Statistics (NBS) has disclosed that staff strength in the banking sector dropped by 8.05 per cent in one year to 95,888 in fourth quarter (Q4) of 2020 from 103,610 in fourth quarter of…
The National Bureau of Statistics (NBS) has disclosed that average fare for Bus journey within city rose by 4.42 per cent Month-on-Month in March 2021. The bureau in its “The Transport fare Watch report for March 2021”, said “average fare…
The National Bureau of Statistics (NBS) has said inflation rate increased in March by 0.82 per cent to 18.17 per cent from 17.33 per cent in February. The NBS said this in its Consumer Price Index (CPI) report for March…
By Faizat Adeboye The National Bureau of Statistics (NBS), says the average price per litre paid by consumers for National Household Kerosene increased to N361.29 in March from N355.8 in February. The bureau in its “National Household Kerosene Price Watch…
Analytical assessment of questions over the defining profile of the Nigerian economy with recession in view have been controversial. Although, figures contained in a National Bureau of Statistics (NBS) February report disclosed that the Country’s economy moved out of recession,…
By Asishana John The National Bureau of Statistics (NBS) on Tuesday disclosed that real household consumption expenditure closed 2020 at 0.18. The bureau in its Nigerian Gross Domestic Product Report (Expenditure/Income approach) stated that the bureau had reported that in…
