National Bureau of Statistics
More worries over rising inflation amid static household incomes
Nigerians have been struggling with some unpleasant news lately, especially from the National Bureau of Statistics. Many were however not jolted by the NBS latest reports, which showed that Nigeria’s inflation...
Taming the unemployment monster
The latest report published by the National Bureau of Statistics (NBS) on its website which among other things noted that Nigeria Unemployment Rate has risen from 27.1% in the second...
Diversify economy to tackle rising unemployment, by experts
Until the Federal Government’s move to diversify the economy is properly implemented, the rate of unemployment will continue to rise. Experts are of the view that as a matter of priority, the government must be innovative in diversifying Nigeria’s economy to get more people out of the unemployment sphere. This is coming on the heels…
Nigeria’s trade deficit exceed N7 trillion
Nigeria’s external imbalance continues to widen as the trade deficit for 2020 hit N7.38 trillion.
First female professor of statistics calls for adequate funding of NBS
Joy Nwabueze, the first female Professor of Statistics in Nigeria, on Monday called for adequate funding of the National Bureau of Statistics
Globacom’s performance shapes telecoms growth in Q3, 2020
Recently released data by the National Bureau of Statistics (NBS), indicates that Nigerian telecommunications giant, Globacom, drove the telecommunications industry growth
Nigeria’s inflation hits 15.75 percent, highest in three years
Nigeria’s inflation rate has hit 15.75 percent (year-on-year), indicating a 0.86 percent increase from 14.89 percent in November.
Oil contributes 81% to N2.99tn Q3 exports
Despite efforts made at boosting non-oil earnings, crude contributed N2.42 trillion to the country’s 2.99 trillion Q3 2020 export earnings, data released by the National Bureau of Statistics (NBS) yesterday showed. With the figure, crude’s share of the total exports was 81 per cent, which is still considered very high, and even higher than the…
Stakeholders seek urgent action amid current recession
A cross-section of economic experts has called on the Federal Government to take urgent action to re-strategise and re-engineer the economy to primarily respond to challenges,
Wobbly choices for CBN on recession
The Monetary Policy Committee (MPC) members will be in a dilemma today as they begin a marathon session, two days after a recession was officially declared.