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Tag Archives: National Bureau of Statistics (NBS)

NBS report shows boom in banking sector as deals climb to 213.69m in Q3

NBS kale

The National Bureau of Statistics (NBS) this week, made public the Selected Banking Sector Data including Sectorial Breakdown of Credit, ePayment Channels, Deposits & Domestic Credit Breakdown and Staff Strength ...

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Nigeria most motorized nation in Africa, EU, S’America—NBS

NBS kale

Whereas the National Bureau of Statistics (NBS) has revealed Nigeria’s population to be now at 193,392,517, the agency also disclosed that there are about 11,547,236 vehicles of various types across ...

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Rising states IGR supporting need for restructuring ahead 2019 elections

Adeosun Buhari

Strong indication emerged Friday last week, showing that several states who hitherto do not give credence to Internally Generated Revenue (IGR), have stepped up their drive and have made good ...

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GDP: Whose figures’ll Nigerians believe more, FG or OPS?

GDP 22

Since the recent report of the National Bureau of Statistics (NBS) showing that Nigerian economy has distanced self far away from recession, considering recording 1.4 per cent rise in Gross ...

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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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