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Friday, January 17, 2020

Inflation Rises To 11.85% In November – NBS

Inflation Rises To 11.85% In November - NBS   The National Bureau of Statistics (NBS) said inflation increased by 11.85 per cent year on year in...
NBS National Bureau of Statistics

Insurance Sector Rose By 6.6% In Q3 – NBS

Insurance Sector Rose By 6.6% In Q3 – NBS   The Nigerian insurance sector grew by 6.69 per cent year-on-year in the third quarter of this...

Zero Gas Flare Still A mirage As Nigeria Loses N243.23bn

Zero Gas Flare Still A mirage As Nigeria Loses N243.23bn   Despite promising to bring an end to the practice of gas flaring, Nigeria’s flared natural...

CBN Releases October Treasury Bills Auction Results

CBN Releases October Treasury Bills Auction Results   The Central Bank of Nigeria has released the results of its Treasury bills auctioned on October 30, 2019. It...

Banks’ Contract Staff Rise To 46,235

Banks’ Contract Staff Rise To 46,235   The number of full-time workers in the banking industry has been on the decline as contract employees have doubled...

FG To Spend N2.45trn On Debt Servicing In 2020

FG To Spend N2.45trn On Debt Servicing In 2020   The Federal Government plans to devote N2.45trn (about 24.5 per cent) of its N10.002trn 2020 budget...
NBS National Bureau of Statistics

Border Closure: Prices Of Diesel, Petrol, Kerosene Skyrocket – NBS Data

Border Closure: Prices Of Diesel, Petrol, Kerosene Skyrocket – NBS Data   National Bureau of Statistics Despite Federal Government’s partial closure of borders to monitor smuggling,...

Inflation Dropped To 11.02% In August, NBS Says

Inflation Dropped To 11.02% In August, NBS Says   The National Bureau of Statistics on Tuesday said the Consumer Price Index, which measures inflation, dropped from...

Manufacturing, 45 Others Record N66.77trn Half-year Output

Manufacturing, 45 Others Record N66.77trn Half-year Output The nation’s economy recorded a total output of N66.77tn within a six-month period covering January to June this...
NBS National Bureau of Statistics

Diesel, Cooking Gas Prices Rose In July, Says NBS

Diesel, Cooking Gas Prices Rose In July, Says NBS   The average prices of diesel and Liquefied Petroleum Gas, also known as cooking gas, rose last...

With N1.04trn, South-West Tops Domestic Debtors’ List

With N1.04trn, South-West Tops Domestic Debtors' List   The South-West has more domestic debt than other regions of the country. Statistics obtained from the Debt Management Office...

Non-oil Imports Exceed Exports By 463%

Non-oil Imports Exceed Exports By 463% The first quarter trade statistics have shown that Nigeria’s non-oil imports by sea surpassed exports by over 463 per...

In 12 Months, FG Generates N39bn From Passport Issuance, Others

In 12 Months, FG Generates N39bn From Passport Issuance, Others The Nigeria Immigration Services generated a total of N39.06bn through issuance of passports and other...

In June, Inflation Rate Drops To 11.22%

In June, Inflation Rate Drops To 11.22%   The National Bureau of Statistics on Monday released the consumer price index, which measures inflation with the index...

Nigeria’s Crude Oil Export Falls By 1.6m Barrels In May

Nigeria’s Crude Oil Export Falls By 1.6m Barrels In May   Nigeria’s crude oil export fell by 1.6 million barrels in May, representing a 6.8 per...
NBS National Bureau of Statistics

All Commodity Group Import Index Down By 0.46%

All Commodity Group Import Index Down By 0.46% The All Commodity group import index decreased by -0.46 per cent between January and March 2019, due...

2018 Budget Underfunded By N2.1trn, Investigations Reveal

2018 Budget Underfunded By N2.1trn, Investigations Reveal The inability of the Federal Government to generate enough revenue to finance its operations had resulted in a...

After MTN Listing, Stock Market Gains 6.5% In May

After MTN Listing, Stock Market Gains 6.5% In May The Nigerian equities recorded a growth of 6.5 per cent in May, compared with a decline...
NBS National Bureau of Statistics

In Three Months, Manufacturing Sector’s Output Drops By N78bn

In Three Months, Manufacturing Sector’s Output Drops By N78bn The manufacturing sector recorded a decline of about N78bn in output in the first quarter of...

Banking: E-payments Hit N34.02trn In 2019 Q1, Says NBS

Banking: E-payments Hit N34.02trn In 2019 Q1, Says NBS A total of 557,083,712 electronic-payment transactions valued at N34.02trn were recorded in selected banks across the...