Capital importation drops by -31.41% in Q2, 2019 – NBS
The National Bureau of Statistics (NBS), says the total value of capital importation into Nigeria in the second quarter of 2019 is 5.820 billion dollars, representing a decrease of -31.41 per cent compared to the first quarter.
Nigeria's economic growth slows down in second quarter
Nigeria's economy grew year-on-year in the second quarter of 2019 by 1.94%, riding on the back of stable oil prices to push the half-year (H1) growth to 2.02%, Nigeria's bureau of statistics said on Tuesday. However, when compared to 2.10% recorded in the first quarter of 2019, the Q2 real growth rate indicates a decline of…
Average price of kerosene increases in June — NBS
The National Bureau of Statistics (NBS), says the average price per litre paid by consumers for National Household Kerosene increased to N316.43 in June 2019...
NCC complies with Fiscal Act, remits N51.3 billion to government in Q1
The Nigerian Communications Commission (NCC) has remitted N51.3 billion to the Federal Government’s Consolidated Revenue Fund (CRF) in the first quarter of 2019.
NBS, experts disagree over falling consumer prices in June
Economists yesterday faulted the report by the National Bureau of Statistics (NBS) that that consumer prices fell last month. The experts, who spoke in Abuja, contended that Nigeria at the moment had not got an economy or a direction from where the result would have emanated from.
Inflation drops to 11.22% in June
The National Bureau of Statistics (NBS) on Monday said the Consumer Price Index (CPI) which measures inflation rate dropped to 11.22 per cent in June 2019.
Nigeria’s capital inflow hit $8.485b in Q1 2019, says NBS
The National Bureau of Statistics (NBS) yesterday declared that Foreign Direct Investments (FDIs) inflows to Nigeria in the first quarter of this year stood at $8.485 billion.
Price of cooking gas drops in May — NBS
The National Bureau of Statistics (NBS) said that the average cost of refilling a five kilogramme (kg) cylinder of Liquefied Petroleum Gas (Cooking Gas) dropped to N2,028.04 in May 2019 from N2,046.53 in April 2019.
Government earns N289b from VAT in Q1, loses by three per cent
The Federal Government earned N289.04 billion from Value Added Tax (VAT) in the first quarter of 2019, against N298.01 billion in the previous quarter, representing 3.01 per cent decline. The N8.97 billion VAT shortfall, compared with the previous quarter’s numbers, were part of the more than N300 billion deficit in revenue projection of the government…