Nigeria Records N18.54trn Real GDP In Q3, 2021   The National Bureau of Statistics (NBS) has said in third quarter (Q3) of 2021, Nigeria recorded N18.54 trillion real Gross Domestic Product (GDP). Besides, the bureau said in the period under review, the country recorded N45.11 trillion nominal...

62% Of Enterprises Use Mobile Banking - NBS             The National Bureau of Statistics has said that 62 per cent of enterprises use mobile banking for their business operations. The NBS said this in its report titled ‘The impact of COVID-19 on business enterprises in Nigeria’. The report...

Import Index Rose By 1.07% In Q2 – NBS           The All- commodity group import index on average grew marginally by 1.07 per cent, driven mainly by products of the chemical and allied industries, wood and articles of wood, wood charcoal and articles, paper making material;...

Insurance Sector Rebounds, Records 16.41% Growth In Q2, 2021             The insurance sector returned to growth path after recording 16.41 per cent growth in the second quarter of the 2021. This is according to statistics obtained on Sunday from the National Bureau of Statistics on second quarter...

Kerosene, Petrol Prices Rose In August – NBS             Two reports from the National Bureau of Statistics have revealed that the prices of kerosene and Premium Motor Spirit, popularly known as petrol, increased year-on-year in August. The National Household Kerosene Price Watch report for August 2021 by...

Oil, Gas GDP Contribution Declines By N3.25trn In Two Years       The contribution of crude petroleum and natural gas sector, which is a sub-sector under the mining and quarrying sector, to Nigeria’s Gross Domestic Product dropped from N13.45tn in 2018 to N10.2tn in 2020, signifying a...