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Tag Archives: National Bureau of Statistics (NBS)

Nigeria distances self from recession, hits 1.4% GDP growth rate in Q3

GDP 22

Latest revelation from the National Bureau of Statistics (NBS) on Monday showed that Nigeria’s chances of plunging back to recession may not exist in the near future as the released ...

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NBS report casts doubt on NNPC’s claims of dropping products prices

nnpc

Barely one month after the Nigerian National Petroleum Corporation (NNPC), came out to claim that prices of regularly used petroleum products including diesel, kerosene and even cooking gas have dropped, ...

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Inflation now on steady month-on-month decline, drops to 15.91% – NBS

Inflation rate

No doubt, Nigerian economy is gradually recovering from shocks it suffered in 2016. On Wednesday, the National Bureau of Statistics (NBS), unveiled the Consumer Price Index (CPI) showing that inflation ...

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FG heeds to Elumelu’s calls, begins harmonization of national economic data

Tony Elumelu

The federal government has realized the importance of harmonized development statistics, not just for development planning, but in feeding foreign investors and international community with homemade figures that are accurate ...

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Factors that drove Nigerian out of recession in Q2 unveiled

Udoma, Buhari, Adeosun

Since the release of data showing that the Nigerian economy exited recession in second quarter of 2017, the Business Hilights Economic Research Team (BHERT) started enquiry into what actually happened ...

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Governors’ believe in Nigeria’s exit from recession toes party lines

NBS kale

A sharp division between governors from the ruling All Progressive Congress (APC) and key opposition party, the People’s Democratic Party (PDP) on the trending issue of Nigeria’s announced exit from ...

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Expect real impact of recession exit in 2019—-PwC

PWC

Lead audit firm, the PricewaterhouseCoopers (PwC) Nigeria has given fresh insight that full economic recovery from recession in the country can begin to reflect in 2019, if sustained real sector ...

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Mixed reactions on recession exit compel NBS to deny doctoring data

NBS kale

Following barrage of negative reactions trailing the recent announcement that the economy exited recession at the end of second quarter, the National Bureau of Statistics (NBS), has come out to ...

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Inflation rate continues on Snail speed, drops to 16.05% in June—-NBS

Inflation rate

Latest data released on Monday, by the Statistician General for the Federation and Chief Executive of National Bureau of Statistics (NBS), Dr. Yemi Kale, has shown that national inflation rate ...

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Portfolio pushed investment inflow by 95% to hit $1.7bn in Q2– NBS

NBS kale

More figures from the National Bureau of Statistics (NBS) have revealed that the economy witnessed high inflow of capital importation within the second quarter on 2017. The latest report showed ...

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