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Facts & Figures

Beans, Garri Prices Drove Annual Food Inflation

Beans, Garri Prices Drove Annual Food Inflation       The prices of beans and garri drove annual food inflation in May, the National Bureau of Statistic has said in a new report. The ‘Selected food prices watch for May 2021’ report obtained on Sunday said there was a...

Air Transport’s Contribution To GDP Drops By 11.8% – NBS

Air Transport’s Contribution To GDP Drops By 11.8% - NBS       Air transport’s contribution to Gross Domestic Product for the first quarter of 2021 sunk by 11.78 per cent. A quarterly report published by the National Bureau of Statistics on Sunday showed that air transport under services...

Transport Fare Rises In February — NBS

Transport Fare Rises In February — NBS       Transport fare paid by passengers for bus, motorcycle (Okada) and water way journeys rose in February due to the slight increase in petrol price during the period. In its ‘Transport fare Watch’ report for February 2021 released yesterday, the...

Two Out Of Five Bank Workers Are Contract Staff – NBS

Two Out Of Five Bank Workers Are Contract Staff – NBS       Two out of every five people working in Nigerian banks are contract staff, analysis of data provided by the National Bureau of Statistics has shown. According to the NBS, as of the end of September...

Cooking Gas, Kerosene Prices Drop In January – NBS

Cooking Gas, Kerosene Prices Drop In January – NBS       The average price paid by Nigerians for kerosene and cooking gas dropped in January 2021. Separate reports released Tuesday by the National Bureau of Statistics (NBS) showed that Nigerians paid less for the two products in January...

Insurance Sector Contracted By 12.05% In Q4, 2020 – NBS

Insurance Sector Contracted By 12.05% In Q4, 2020 – NBS       The insurance sector contracted by 12.05 per cent in the fourth quarter of 2020, latest figures from the National Bureau of Statistics have revealed. Figures obtained from the NBS on the industry’s performance also revealed that...