Nigeria's cash-strapped statistics office can't provide data
Nigeria's current rate of unemployment is unknown because the body responsible for providing such data is broke. The last official unemployment data published by the National Bureau of Statistics was for the third quarter of 2017, with the unemployment rate standing at 18.80 percent, an increase of 2.60 on the figures for Q2 of the…
Non-profit firms boost GDP with $465b, says bureau
The National Bureau of statistics (NBS) at the weekend said non-profit organisations (NPOs) contributed 0.5 per cent to the nation’s Gross Domestic Product (GDP) through $465 billion expenditure in 2017. The bureau’s Chief Executive Officer, Dr. Yemi Kale, who spoke at the 13th anniversary symposium of Lifeline Care Association in Abuja, regretted that the figure…
Firm seeks to demystify structured financing
The statistician general of the federation, Dr. Yemi Kale, has said the harrowing macro-economic realities in Nigeria caused by pre-2017 financial headwinds coupled with the resultant inflation...
‘ERGP will help Nigeria achieve sustainable growth’
Statistician General of the National Bureau of Statistic (NBS), Yemi Kale, has urged Nigerians to be optimistic as the economy continues to show signs of positive recovery.
Again, Nigeria’s curious population figures
The incredible population figure that Nigeria’s colonial masters fed the world with more than five decades ago came into sharp focus again recently when the Director-General ...
Centre, NBS to begin computation of sectoral productivity indices
The Director General of NPC, Kashim Akor disclosed this in Abuja when he paid a courtesy visit to the Statistician-General of the Federation, Dr. Yemi Kale.
Government votes N1.2b for data survey on national planning
The Federal Government has voted N1.2 billion to acquire Multiple Indicator Cluster Survey (MICS 5) for essential data upgrade on national planning, the National Bureau of Statistics (NBS) has said.
Why recession may persist
From muted speculations to official confirmation, the message is the same: Nigeria is fully in economic recession.