NBS

API moves to partner NBS on generating reliable PWD data

API moves to partner NBS on generating reliable PWD data

Embarks on Nigeria Disability Project By Gabriel Ewepu – Abuja A research think-tank, Africa Polling Institute, API, Friday, moved to partner with the National Bureau of Statistics, NBS, on generating reliable on People Living With Disabilities, PWD, under the Nigeria Disability Project, NDP, as a way of adding value to them. This was made known […]
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NBS to begin business sample census October 12

NBS to begin business sample census October 12

By Emmanuel Elebeke The National Bureau of Statistics, NBS is to commence National Business Survey after 22 years. The statistician General of the Federation, Dr. Yemi Kale announced this on Monday while delivering a keynote address at the Training of Trainers for the National Business Sample Census (NBSC) 2020 in Abuja. Kale said the information […]

NIPC, NBS rate Kaduna high in corporate governance

NIPC, NBS rate Kaduna high in corporate governance

…as state hosts Auditors-General conference By Ibrahim HassanWuyo Kaduna state was rated by the Nigerian Investment Promotion Commission (NIPC)  as the first sub-national to attract the highest Direct Foreign Investment in the last six months,  because of her Open Government Policy. Also, the National Bureau of Statistics (NBS) ranked Kaduna state as the 6th in […]

Nigeria’s GDP declines by 6% in Q2 — NBS

Nigeria’s GDP declines by 6% in Q2 — NBS

…As real non-oil GDP records 1st fall in 3 yrs By Elizabeth Adegbesan The country’s Gross Domestic Product (GDP) decreased (year-on-year, YoY)  to- 6.10 per cent in real terms in the second quarter of the year (Q2’20)  as non-oil GDP records first fall by  6.05 per cent since Q3’17. In its GDP Report for Q2’20 […]

Our response to quarter 2, 2020, NBS figures by Presidency

Our response to quarter 2, 2020, NBS figures by Presidency

The National Bureau of Statistics (NBS) published on Monday August 24, 2020, the 2nd Quarter (Q2) 2020 Gross Domestic Product (GDP) estimates, which measures economic growth. Nigeria’s (GDP) declined by –6.10% (year-on-year) in real terms in the second quarter of 2020, ending the 3-year trend of low but consistently improving positive real growth rates recorded […]

ICT sector contributes 17.83% to nation’s economy -NBS

ICT sector contributes 17.83% to nation’s economy -NBS

The National Bureau of Statistics (NBS), on Monday released Nigeria’s Gross Domestic Product (GDP), report for in the second quarter of 2020 (Q2 2020), showing 17.83 per cent contribution by the Information, Communication and Technology sector. A statement signed by Dr Femi Adeluyi, Technical Assistant, Information Technology, said the Minister of Communications and Digital Economy, […]

COVID-19 pushes Nigeria’s GDP down by 6.10% in Q2 2020 

COVID-19 pushes Nigeria’s GDP down by 6.10% in Q2 2020 

By Emmanuel Elebeke The National Bureau of Statistics, NBS, says Nigeria’s Gross Domestic Product (GDP) decreased by –6.10%(year-on-year) in real terms in the second  quarter of 2020. The decrease it said ended the 3-year trend of low but positive real growth rates recorded since the 2016/17  recession. The decline was largely attributable to significantly lower […]

Average cost of 5kg cooking gas decreased to N1,971.34 in July — NBS

Average cost of 5kg cooking gas decreased to N1,971.34 in July — NBS

The average price for the refilling of a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) has decreased to N1,971.34 in July from N1973.95 in June. The statistics are contained in the Liquefied Petroleum Gas (cooking gas) Price Watch (July 2020) released by the National Bureau of Statistics (NBS) on its website on Tuesday. According […]

Inflation hits 11 months high to 12.82% in July — NBS

Inflation hits 11 months high to 12.82% in July — NBS

…Food inflation up 0.30% By Elizabeth Adegbesan Nigeria’s inflation rate rose year-on-year (YoY) by 0.26 percentage point to 12.82 percent in July this year from 12.56 percent in June. This represents the eleventh consecutive monthly rise in inflation rate since October 2019. Similarly, food inflation rose by 0.3 percentage point to 15.48 percent in July […]

Inflation increases to 12.82% in July — NBS

Inflation increases to 12.82% in July — NBS

The National Bureau of Statistics (NBS), says Nigeria’s inflation rate has increased by 12.82 per cent (year-on-year) in July 2020. This is according to the Consumer Price Index (CPI) for July 2020 report released on the NBS website on Monday. The CPI measures the average change over time in prices of goods and services consumed […]

2nd highest unemployment rating: Akwa Ibom govt faults NBS report

2nd highest unemployment rating: Akwa Ibom govt faults NBS report

By Chioma Onuegbu – Uyo Akwa Ibom state government has faulted the report by the National Bureau of Statistics, NBS, which rates the state second highest in the country. The Commissioner for Information and Strategy, Mr Ini Ememobong in a statement made available to newsmen yesterday in Uyo, said the NBS report calls for serious […]

NBS says 21.76m Nigerians unemployed in 2020

NBS says 21.76m Nigerians unemployed in 2020

The National Bureau of Statistics (NBS) says the total number of unemployed Nigerians is 21,764,617. The statistics are contained in the bureau’s Labor Force Statistics website, entitled “Unemployment and Underemployment Report (Q2 2020) released in Abuja. It referred to the report as an Abridged Labour Force Survey under COVID-19 for August 2020. The unemployment rate […]

Nigeria’s inflation rate hits 12.56% ― NBS

Nigeria’s inflation rate hits 12.56% ― NBS

The National Bureau of Statistics (NBS) says Consumer Price Index, (CPI) which measures inflation increased to 12.56 per cent year-on-year in June 2020. The NBS made this known in its CPI and Inflation Report for June released on Friday. It stated that the report showed that June inflation was 0.16 per cent points higher than […]

FG, states debt portfolio hits N28.63trn ― NBS

FG, states debt portfolio hits N28.63trn ― NBS

The National Bureau of Statistics (NBS) said on Friday that the total public debt portfolio of the Federal and State Governments as of March 31 stood at N28.63 trillion. The NBS made this known in its Nigerian domestic and foreign debt report released in Abuja. The bureau said that further disaggregation of Nigeria’s total public […]