Tag: National Bureau of Statistics (NBS)
No jobs for 23 million Nigerians, unemployment rate hits 33.3%
Nigeria's unemployment rate in the fourth quarter of 2020 has hit 33.3 percent, with 23.2 million Nigerians jobless.
Nigeria bolts from second recession, GDP grows in 4th Quarter
Nigeria’s GDP grew by 0.11 per cent in Q4 2020, from the 6.11 per cent contraction in Q3, signalling a…
NBS: Inflation rate jumps to 16.47%
The National Bureau of Statistics (NBS), said inflation rose to 16.47 percent (year-on-year) in January, and that the increase was…
Petrol most expensive in Abia state
The National Bureau of Statistics (NBS) said Abia residents paid N178.70 per litre for petrol in November, the highest price…
Nigeria attracted $1.46b foreign capital in Q3: NBS
The total value of capital importation into Nigeria stood at 1.46 billion dollars in the third quarter of 2020, the…
Nigeria’s inflation spirals to 14.23 percent: NBS
Inflation in Nigeria rose by 0.52 per cent to 14.23 per cent in October, the National Bureau of Statistics (NBS)…
Nigeria’s economy performed better than US, UK, others in 2nd quarter – Presidency
The Presidency on Wednesday said the nation's economy, despite contraction, performed better than that of the United States, United Kingdom,…
JUST IN: Nigeria’s GDP shrinks by 6.10 percent in second quarter
Nigeria's Gross Domestic Product, GDP, has shrunk by 6.10 percent in real terms in the second quarter of 2020.
COVID-19 pandemic spikes Nigeria’s unemployment rate
The COVID-19 pandemic worsened Nigeria's unemployment situation, according to new figures by the National Bureau of Statistics.
What Nigeria recorded as total trade in 2019
The National Bureau of Statistics (NBS) said Nigeria recorded N36.152 trillion as value of total trade in 2019, representing a…
NBS signs MoU with UNICEF
The National Bureau of Statistics (NBS), has signed a Memorandum of Understanding (MoU) with the United Nations Children Fund (UNICEF)…
Lagos leads as 36 States generate N691.11bn as revenue
The National Bureau of Statistics (NBS), says in the first half of 2019, the 36 states and the Federal Capital…
Disinflation continued in August, says NBS
The consumer price index, (CPI) which measures inflation increased by 11.02 percent (year-on-year) in August 2019. This is 0.06 percent…
Record N34 trillion worth of e-payment transactions in Q1
A total of 557,083,712 electronic-payment transactions valued at N34.02 trillion were recorded in selected banks across the country in the…
Economy: Nigeria’s GDP increases
The National Bureau of Statistics (NBS) said Nigeria’s Gross Domestic Product (GDP) recorded a positive growth as the non-oil sector…
February: Nigeria’s inflation rate hits 11.31% – NBS
The National Bureau of Statistics (NBS), says the Consumer Price Index (CPI) which measured inflation decreased to 11.31 per cent…
1,538 Nigerians died in road accidents in 3 months
The National Bureau of Statistics (NBS) said no fewer than 1,538 Nigerians died in road accidents in the fourth quarter…
Customers with prepaid meters increased to 1.67m in Q4 2018 – NBS
The National Bureau of Statistics (NBS), said the number of customers with prepaid meters increased to 1.67 million in the…
Prices of diesel, kerosene rise in January – NBS
The National Bureau of Statistics (NBS), said the average prices paid by consumers for kerosene and diesel increased in January…
NBS to compute state Human Development Index
Dr Isiaka Olarewaju, a director in the National Bureau of Statistics (NBS) says the bureau is planning to compute Human…
Average fare by commuters increased in July – NBS
The National Bureau of Statistics (NBS) says average fare paid by commuters for bus journey within the city increased to…
Nigeria’s inflation drops — NBS
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measured inflation for July dropped to 11.14…
Rivers residents pay cheapest bus fare in May – NBS
The National Bureau of Statistics (NBS) said residents of Rivers paid the lowest bus fare within the city in May.…
Nigeria’s inflation rate drops to 13.34% in March – NBS
Nigeria’s inflation rate measured by the Consumer Price Index (CPI) dropped from 14.33 in February to 13.34 per cent in…
Plateau, Nasarawa, Bayelsa pay highest price for Kerosene in February – NBS
The National Bureau of Statistics (NBS) says residents of Plateau, Nasarawa and Bayelsa paid the highest price for kerosene in…
Nigeria records $12bn capital inflow in 2017 – NBS
Nigeria recorded a princely 12.2 billion dollars capital inflow in 2017, according to the National Bureau of Statistics (NBS).
Nigeria’s inflation drops to 15.13 % – NBS
The inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.13 per cent in January from…
77.5m Nigerians engage in economic activities in Q3 2017 – NBS
The National Bureau of Statistics (NBS) says 77.55 million people are engaged in economic activities out of a labour force…
Nigeria’s inflation drops to 15.37% in December 2017 – NBS
The National Bureau of Statistics (NBS) says inflation rate, measured by the Consumer Price Index (CPI), has further dropped to…
Nigeria records 140m active voice, 93m active internet subscriptions in Q3 2017
Nigeria recorded a total of 140 million active voice subscriptions and 93.26 million active Internet subscriptions in the third quarter…