NBS Q1 2018 GDP Report: The stock market does not lie
Across the world, stock markets are generally regarded as sensitive barometers, which measure the health of an economy. This view finds support in the performance of the Nigerian stock market which often correlates with the state of the economy.
2,598 Nigerians died in road accidents in 6 months
No fewer than 2, 598 Nigerians died in road accidents between October, 2017 and March, 2018, according to the National Bureau of Statistics (NBS).
Nigeria’s inflation rate dropped to 13.34% in March, says NBS
Nigeria’s inflation rate measured by the Consumer Price Index (CPI) dropped from 14.33 in February to 13.34 per cent in March year-on-year, the National Bureau of Statistics (NBS) disclosed in its CPI report for March.
Nigeria records lower ship call at seaports
The Nigerian Bureau of Statistics (NBS) has revealed that ship traffic at the seaports is on a downward trend.
Ondo, Rivers, Bayelsa paid highest motorcycle fair in January – NBS
The National Bureau of Statistics (NBS) says residents of Ondo State, Rivers and Bayelsa paid the highest per drop fares to commercial motorcycles, popularly known as `Okada’, in January
January inflation drops to 15.13%, says NBS
The National Bureau of Statistics (NBS), Nigeria’s official data agency, has said January’s Consumer Price Index (CPI), which measures inflation, again dropped to 15.13 per cent, up from the December 2017 level of 15.37 per cent.
Osun, Abia, Benue pay highest petrol price in January – NBS
The National Bureau of State (NBS) said residents of Osun, Abia and Benue paid the highest average price for purchase of Premium Motor Spirit (PMS) popularly known as petrol in January. The NBS stated this in “Premium Motor Spirit (Petrol) Price Watch for January 2018’’ posted on its website. The bureau stated that in Osun,…
‘Over 50% of electricity users are not metered’
The National Bureau of Statistics (NBS), has put the number of unmetered customers at 5.025 million as at December 2017, representing over 50 per cent of electricity users in the country.
On NBS and the Nigerian economy
The recent officially released figures by the National Bureau of Statistics (NBS) in January 2018 revealed that about 7.5 million Nigerians were doing nothing between January 2016 and December 30, 2017. In fact, it further revealed that out of a total active labour force of 85.08 million people in Nigeria, about 16 million people were…
Agriculture, trade, other services dominate economic activities in Q3 2017, says NBS
Agriculture, trade, other services, manufacturing and professional, scientific and technical services dominated economic activities in the third quarter of 2017, the National Bureau of Statistics (NBS) has said. The NBS in its labour force statistics volume 2: employment by sector report, which was released yesterday, stated that the sectors attracted 84.40 per cent of the…