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Nigeria records N1.8 trn trade deficit in Q2’21— NBS

Nigeria records N1.8 trn trade deficit in Q2’21— NBS

The National Bureau of Statistics, NBS, said the nation recorded a trade deficit of N1.8 trillion in the second quarter of the year (Q2’21) even as its foreign trade rose by 23 per cent to N12 trillion from N9.8 trillion in Q1’21.

FG, States’ owe N33.11trn in external, domestic debt in Q1 — NBS

FG, States’ owe N33.11trn in external, domestic debt in Q1 — NBS

The Federal and State governments are owing N33.11 trillion in public debts, as at March 31, according to latest figures released by the National Bureau of Statistics (NBS) on Thursday. The NBS, who stated this in its “Nigerian domestic and foreign debt for Quarter one, 2021 (Q1 2021)”, added that upon disaggregation, the nation’s total […]

Nigeria’s total trade increases by 6.99% in Q1 – NBS

Nigeria’s total trade increases by 6.99% in Q1 – NBS

The National Bureau of Statistics (NBS), says Nigeria’s total merchandise trade stood at N9.757 trillion representing 6.99 per cent increase in the first quarter (Q1). The bureau said this in its “Foreign Trade in Goods Statistics-Q1, 2021” obtained from its website on Saturday. It said the 6.99 per cent was an increase over the value […]

We are intervening in 86 interstate boundary disputes now ― D-G, NBC

We are intervening in 86 interstate boundary disputes now ― D-G, NBC

The National Boundary Commission (NBC) says it is currently intervening in 86 interstate boundary disputes with the determination to create a peaceful atmosphere within the boundary corridors. The Director-General of the Commission, Mr Adamu Adaji, made this known at the News Agency of Nigeria (NAN) Forum in Abuja. Adaji reiterated the commission’s commitment to ensure […]

Nigeria’s GDP grows 0.51% in Q1’21 – NBS

Nigeria’s GDP grows 0.51% in Q1’21 – NBS

By Elizabeth Adegbesan The National Bureau of Statistics, NBS, said the nation’s Gross Domestic Product (GDP) grew by 0.51 per cent in the first quarter of the year (Q1’21). In its recently released GDP Report, the bureau said the growth in GDP represents the second consecutive quarter-on-quarter (QoQ) growth since Q3’20 where GDP stood at […]

Plateau, Kano, Abia residents pay highest for petrol in April ― NBS

Plateau, Kano, Abia residents pay highest for petrol in April ― NBS

The National Bureau of Statistics (NBS), says residents of Plateau, Kano, and Abia states paid the highest amount for Premium Motor Spirit (PMS), popularly called petrol in April. The NBS said this in its “Premium Motor Spirit (Petrol) Price Watch for April 2021’’ obtained from its website on Wednesday in Abuja. It said that Plateau […]

Average price of kerosene, cooking gas increases in April ― NBS

Average price of kerosene, cooking gas increases in April ― NBS

The National Bureau of Statistics (NBS), says the average price per litre paid by consumers for National Household Kerosene increased from N361.29 in March to N362.68 in April. The bureau said this in its “National Household Kerosene Price Watch (April 2021)” obtained from its website on Wednesday in Abuja. The NBS said the price of […]