National Bureau of Statistics
Kale bows out August 16
Statistician-General of the Federation, Dr. Yemi Kale, is to officially bow out from the National Bureau of Statistics (NBS) on the 16th of August.
Nigeria, institutions and economic performance: The imperative of leadership
In its recent Consumer Price Index (CPI) report, the National Bureau of Statistics (NBS) records an increase in Headline and Core inflation ...
Cost of funds to rise as benchmark rate hits 14 %
To mitigate inflationary trends and price volatility, the Central Bank of Nigeria (CBN) has increased interest rate benchmark from 12 to 14 per cent.
Nigeria’s oil sector growth falls by 1.89 per cent
The real growth of down Nigeria’s oil sector slowed by 1.89 per cent in first quarter of 2016, due to the reduction in the country’s daily production occasioned by pipeline vandalism.
Tackling poverty and hunger
Certainly, Nigeria’s Vice President Yemi Osinbajo made an appropriate call at the African Union Summit in Rwanda by tasking Nigeria and other African nations to rise up to the urgent need of addressing the scourge of poverty and hunger.
Manufacturers groan under rising inflation
For the fifth consecutive time this year, the Consumer Price Index (CPI) has continued to rise giving effect to the precarious situation Nigerians have found themselves with regard to the decrease ...
China struggles to maintain growth pace for wages
Wages in China kept pace with economic growth in the first half of 2016 but maintaining that will be difficult, the country’s statistics bureau said on Sunday.
Nigerian inflation rises to near 11-year high
Inflation in Nigeria surged to 16.5 percent last month -- its highest level in more than decade -- as prices of imported food and energy jumped after the government stopped propping up the currency, the National Bureau of Statistics said Monday.