‘Latest NBS, MAN reports not salutary for signing AfCTFA’
More reasons why the federal government may not hurriedly sign the African Continental Free Trade Area (AfCTFA) have emerged as the Statistician-General of the Federation and Director General of National Bureau of Statistics (NBS), Dr. Yemi Kale, has revealed that…
Factors that drove Nigerian out of recession in Q2 unveiled
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 within the period that spurred a positive .055 per cent…
How telecoms sector’s N1.5tn to GDP in Q2 exited Nigeria from recession—NCC
Indications have emerged that but for the pumping in of well over N1.5 trillion to the economy within the second quarter by the telecoms sector, Nigeria may not have exited recession within the period. This was made public by the…
Data from one quarter not enough to declare out of recession—Dev. Economist
Leading Abuja based Development Economist and economy analyst, Mr. Odilim Enwegbara, has reacted to the use of data from just one quarter by the National Bureau of Statistics (NBS) to declare Nigeria is out of recession. In an interview, he…
Mixed reactions on recession exit compel NBS to deny doctoring data
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 deny that its Gross Domestic Product (GDP) report was not…
Inflation rate continues on Snail speed, drops to 16.05% in June—-NBS
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 dropped from 16.1 per cent in June to 16.05 per…
Revealed: FG has no accurate data on fuel consumption in Nigeria
Indication has emerged that contrary to claims of yesteryears by government agencies that Nigeria consumes certain number of Premium Motor Spirit (PMS), otherwise known as petrol either on a daily basis or yearly has been mere speculation. The scenario has…
NBS would have rebased Nigerian economy this year but for lack of allocation—Kale
Statistician General of the Federation and head of the National Bureau of Statistics (NBS), Dr. Yemi Kale has hinted that the agency would have rebased the economy as it did in April 2014, but for paucity of allocation for the…
Recession: Nigeria attends technical recovery, to exit fully in 2018—- Kale, NBS boss
Without giving a definite time frame, Statistician General of the Federation, and head of the National Bureau of Statistics (NBS), Dr. Yemi Kale has averred that all things being equal, Nigeria will be out of recession in 2018. Before now,…
