Tag: National Bureau of Statistics
Nigeria has a people problem
Abimbola Adelakun
On Tuesday, we learned from the National Bureau of Statistics that Nigeria’s unemployment rate had officially risen to 33.3 per cent, up from...
Inflation rate hits 17 33% — highest in four years
The consumer price index/inflation report released by the National Bureau of Statistics (NBS) shows that the rate of increase in the price of goods...
Recovery from recession: Too early to rejoice?
Alex Otti
“The fact is, we’ll never build a lasting economic recovery by going deeper into debt at a faster rate than we ever have...
Oil, power firms owe Nigerian banks N5.83trn – NBS
The National Bureau of Statistics (NBS) has released data showing that the debts owed by energy firms to Nigerian banks rose by N200 billion...
Nigeria’s foreign trade hit N8.37tn in Q3 – NBS
The National Bureau of Statistics (NBS) has released data showing that the volume of Nigeria’s foreign trade rose to N8.37 trillion in Q3 20202.
The...
Recession blues
Reuben Abati
“My brother, how you dey?”
“What can we do?”
“E ku recession”
“Excuse me?”
“I said er ku recession…”
“Are you Yoruba people alright at all? You people...
Nigeria’s inflation rises to 13.71%
The National Bureau of Statistics (NBS) has released its Consumer Price Index (CPI) report for September 2020 which shows that inflation for the month...
Nigeria records 13.22% per cent inflation in August, highest since April...
The National Bureau of Statistics (NBS), in its latest Consumer Price Index (CPI) report showed that inflation increased by 13.22 per cent year-on-year in...
Banks record N263.78tn e-payment transactions
A report released by the National Bureau of Statistics (NBS) show that the total value of transactions through electronic payment channels recorded in the...
Lagos IGR of N398.7bn greater than 26 states’ total – NBS
Figures released by the National Bureau of Statistics (NBS) revealed that Lagos State realised N398.73 billion from internally generated revenue in 2019.
The agency...
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