National Bureau of Statistics
Oil marketers want payment of $800m forex differentials
As banks and other lenders have begun a recovery programme to recoup loans and debt from the downstream sector of the oil industry, the Major Oil Marketers Association of Nigeria ...
Udoma extends Kale’s tenure as NBS boss
In what appears to be last minutes power play, the Minister of Budget and National Planning, directed that the tenure of Statistician-General,Dr. Yemi Kale, should be elongated beyond the completion tenure.
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 ...