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Tag: National Bureau of Statistics (NBS)

Business, News

VAT increases by N41.7bn – NBS

The National Bureau of Statistics (NBS) has said that Value Added Tax (VAT) increased by N41.7 billion in Quarter One…
NBS says Lagos, Rivers, and the FCT still lead the other states in internally generated revenue, IGR in 2022, just like they did in 2021.

News

IGR for Nigerian states drops to a new low

The National Bureau of Statistics (NBS) in a report said the Internally Generated Revenue (IGR) of Nigerian states in 2020…

Headlines, News

Three Nigerian States with worst unemployment cases

The National Bureau of Statistics (NBS) has revealed three states in the country with worst unemployment cases in the fourth…

Headlines, Metro

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.

Business, Headlines

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…

News

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…
NNPC

Business

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…
Kano company Enerbett International forfeits $3.7M to FG

Business

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…
Inflation

Business, News

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)…
2023 presidential election was not perfect - Femi Adesina

Business, Headlines

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,…

Business, News

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.
Chris Ngige Labour Minister

News

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.
Minister of Industry, Trade and Investments Adeniyi Adebayo (CON)

Business

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…

News

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)…

News

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…