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…
Portfolio pushed investment inflow by 95% to hit $1.7bn in Q2– NBS
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 that investment inflows rose by 95.02 per cent from $884.1…
8,663 bank workers’ eased out within first half of 2017– NBS
…TUC, NLC silent as casualization deepens in sector More details have emerged on how the Nigerian banking industry performed in terms of staff retention and retrenchment by the National Bureau of Statistics (NBS) during the first half of 2017. In…
Nigerians pay average of six bribes in one year, one in 2 months—NBS
Apart from revealing that a total of N400bn was received in bribes by public officials within a period of one year, the National Bureau of Statistics (NBS), in its latest National Corruption Report (NCR), averred that bribe payers in Nigeria…
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…
Only 10.93% of Nigerian workers registered under pension scheme in Q2 – NBS
Fresh figures from the website of the National Bureau of Statistics (NBS) has shown that only 10.93 per cent of the total working population under the pension scheme. The details further revealed that the Retirement Savings Account (RSA) membership distribution…
Continued drop in inflation rate sign of economic recovery from recession
Economic pundits have started seeing the month-on-month drop in Nigeria’s inflation rate which receded to 16.1 per cent as early signs of recovery from recession. Experts who spoke to Business Hilights on Monday shortly after the release of the nation’s…
Revealed: Fuel import differentials may push pump price to over N145 soon
Facts and figures from National Bureau of Statistics (NBS) have shown that the Nigeria’s downstream petroleum industry lost about N884.8 million in seven days to the high cost of importing Premium Motor Spirit (PMS), also known as petrol, resulting from…
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,…
