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.
Drug use: The forgotten epidemic
In 2018, the National Bureau of Statistics (NBS) in cooperation with the United Nations Office on Drugs and Crime and the European Union conducted the first ever national drug use survey in the country.
Average price per litre of kerosene increases to N352.93 in October-NBS
The National Bureau of Statistics (NBS) says the average price per litre paid by consumers for national household kerosene increased to N352.93 in October from N347.98 in September.
Nigeria’s rising inflation worrisome, experts say
Two financial experts on Friday expressed concerns over the country’s rising inflation rate and urged the Federal Government to revisit the borders closure.
A look at labour 60 years after
There is no doubt that the labour movement in Nigeria for the past 60 years has witnessed some high moments with significant turbulence. Shortly after Independence, the labour movement showed some interesting prospects. However, events in the last few decades call for concern. With the exit of colonial masters, there were efforts to build strong…
NBS to conduct new World Bank sponsored business census
The National Bureau of Statistics (NBS), is set to conduct another round of Business Census in Nigeria, an exercise that was last done 20 years ago due to funding constraints.
Experts identify challenges as diaspora remittances Hit $114.07b In 7 Years
Even though Nigeria’s diaspora remittance has hit $114.07b (about N43.4t) in the last seven years, stakeholders, yesterday, insisted that the payment would drastically increase if prevailing challenges are addressed. The National Bureau of Statistics (NBS) had stated that remittances from Nigerians in Diaspora rose from $3.24b in 2013 to approximately $25.08b in 2018. The rise…
NEPC targets improved capacity, increased market access for farmers
The Nigerian Export Promotion Council (NEPC) in an effort to further aid the nation’s economic recovery through the non-oil export sector, has expressed the government’s commitment
Rice imports lowest in 20 years, agric exports drive foreign trade
Despite multifarious challenges facing the agricultural sector of the economy, indications have emerged that Nigeria’s strength truly lies in the sector if obstacles are removed and necessary infrastructure is emplaced.
Equipping Nigerian youth for nation building, leadership
When the Federal Executive Council (FEC), last Wednesday, announced the adoption of November 1, as the National Youth Day (NYD), there was jubilation among the youths, who described President Muhammadu Buhari’s gesture as a show of commitment toward empowering the Nigerian youths. They said the President’s action further demonstrates his genuine concern to celebrate…