Inflation reduces by 0.05% in April ― NBS
The National Bureau of Statistics (NBS), says inflation rate reduced by 0.05 per cent in April compared to what obtained in March.’ It said while the inflation rate stood at 18.17 per cent in March, it reduced to 18.12 per cent in April. The rate is contained in the NBS’s Consumer Price Index (CPI) report […]
Abia, Kebbi, Kwara residents pay highest for petrol in November – NBS
The National Bureau of Statistics (NBS) says Abia, Kebbi and Kwara residents paid the highest amount for petrol (Premium Motor Spirit) in the country in November. The bureau stated this in its “Premium Motor Spirit (Petrol) Price Watch” publication for November and released on its website on Thursday in Abuja. According to NBS, Abia residents […]
Nigeria’s foreign trade bill stands at N23.2trn – NBS
The total value of Nigeria’s merchandise trade from January to date is to N23.2 trillion, while trade in the third quarter of 2020 (Q3 2020) stood at N8.37 trillion. The National Bureau of Statistics (NBS) said this in its “Foreign Trade in Goods Statistics Q3, 2020” published on its website on Monday. According to the […]
FG generates N416.01bn as Company Income Tax in Q3, 2020- NBS
The Federal Government generated N416.01 billion as Company Income Tax (CIT), the National Bureau of Statistics (NBS) says.
Intercity bus journey fare highest in Abuja, Lagos, Sokoto ― NBS
By Rasheed Sobowale The National Bureau of Statistics (NBS) in its October report of transport across the 36 states and FCT noted that bus journey fare intercity was most expensive in Abuja, Lagos, and Sokoto. The report also noted that “states with lowest bus journey fare within city were Bayelsa (N1,473.67), Enugu (N1,560.00) and Bauchi […]
Nigeria’s GDP contracts by 3.62% in Q3, 2020- NBS
Nigeria’s Gross Domestic Product (GDP) contracted by 3.62 per cent (year-on-year) in real terms in the third quarter of 2020, the National Bureau of Statistics (NBS), says. It said this in the Nigerian GDP Report (Q3 2020) released on its website on Saturday in Abuja. According to the report, cumulatively, the economy has contracted by […]
COVID-19 pushes households further below poverty line — NBS
By Elizabeth Adegbesan There are indications that the Coronavirus (COVID-19) pandemic has pushed households further below the poverty line, due to the increase in unemployment rate resulting from the impact of the pandemic. In its COVID-19 Impact Monitoring round 5, September 2020 report, released yesterday, the National Bureau of Statistics (NBS) said: “Individuals from across […]
Inflation rate hits 30-month high at 13.7% — NBS
…Analysts list factors that will add to pressures By Elizabeth Adegbesan The National Bureau of Statistics (NBS) yesterday reported that inflation rate in Nigeria rose to a 30-month high of 13.71 percent in September, 2020, 0.49 percent up from 13.22 percent recorded in August. This represents the highest inflation rate the country has recorded since […]
Inflation rate hits 30-month high at 13.7% — NBS
The National Bureau of Statistics (NBS) yesterday reported that inflation rate in Nigeria rose to a 30-month high of 13.71 percent in September, 2020, 0.49 percent up from 13.22 percent recorded in August.
855 killed, 5,535 injured in 2,080 road crashes in Q2’20 — NBS
By Elizabeth Adegbesan The National Bureau of Statistics, NBS, said yesterday the country recorded 2,080 road crashes in the second quarter of this year (Q2’20) with 5,535 Nigerians injured and 855 killed. The crashes were as a result of speed violation, wrongful overtaking and dangerous overtaking. In its latest Road Transport Data Report, the bureau […]
NBS is right, Rivers is top three with highest unemployment rate – Sobomabo Jackrich
…Says Wike should not play politics with unemployment record Network for Defense of Democracy and Good Governance, NDDGG, has affirmed that the National Bureau for statistics was right when it listed Rivers state as one of the top three states in the country with highest unemployment rate. The body in its statement to mark the […]
