FG’s Q3 GDP stats very close to World Bank projection of 1.9%
The National Bureau of Statistics (NBS) on Monday, has released Nigeria’s Q3-18 GDP figure, showing that the economy grew for the sixth consecutive quarter, with real GDP growing by 1.81% y/y (vs. 1.50% y/y in the previous quarter and 1.14%…
After rise in Sept., Nigeria’s headline inflation contracts to 11.26% in October
The National Bureau of Statistics (NBS) on Wednesday published October 2018 inflation report, showing that Nigeria’s headline consumer price index moderated, bucking the two consecutive month increase. Headline inflation printed 11.26% y/y in October, down from 11.28% y/y in September….
Nigeria’s headline inflation sustains uptick, jumps to 11.28%
The National Bureau of Statistics (NBS) on Tuesday published September 2018 inflation report, showing that Nigeria’s headline consumer price index sustained uptick for the second consecutive month. Headline inflation printed 11.28% y/y in September, up from 11.23% y/y in August….
NBS poverty survey may expose ongoing sharing of Abacha loot by FG
More than one month after the federal government claimed that it will channel the returned Abacha loot to the betterment of life and welfare of very poor Nigerians, the Statistician General of the Federation, Dr Yemi Kale, has said the…
More crisis for manufacturers as consumer price for diesel jumps by 5.99%
Strong indications have emerged revealing that the organized private sector operators and mainly production entities in the economy will continue to spend more in powering their power generating sets as the average price paid for automotive gas oil (AGO), otherwise…
Nigeria’s headline CPI reverses its 18th consecutive month of decline, rise to 11.23%
The National Bureau of Statistics (NBS) weekend published August 2018 inflation report, revealing that Nigeria’s headline consumer price index (CPI) reversed its eighteenth consecutive month of decline (which started in January 2017). Otherwise, headline inflation jumped 11.23% y/y in August,…
Displacement of employees by contract staff in banks’ poses security risky—Expert
Rising staff strength in the nation’s banking sector by contract workers’ in the last one year has been described as a huge security risk for the financial institutions especially now activities are going digital. Details from the Selected Banking Sector…
‘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…
NBS sees July inflation dropping to 11.14% as prices of food items kept rising
The National Bureau of Statistics (NBS) on Wednesday published July 2018 inflation report, showing that Nigeria’s headline consumer price index extended deceleration (which started in 2017) to the eighteenth consecutive month. Headline inflation was 11.14% y/y in July, moderating from…
‘Headline inflation moderates on Y-o-Y basis for the 17th month at 11.23% in June’
The National Bureau of Statistics (NBS) on Monday, released its CPI and Inflation report for the month of June 2018, revealing that Nigeria’s headline inflation rate moderated on a year-on-year basis for the seventeenth consecutive month to 11.23%, from 11.61%…
