Kerosene: Price Per Litre Increased By 0.42% Month-on-month – NBS       According to the data recently released by the National Bureau of Statistics (NBS), the average price per litre paid by consumers for National Household Kerosene increased by 0.42% month-on-month and by 9.27% year-on-year, from N346.53...

Commodity Import Index Rose By 0.16% In Q2 – NBS       The all commodity group import index rose by 0.16 per cent in the second quarter of 2020, the National Bureau of Statistics said on Monday. The NBS, in its ‘Commodity price indices and terms of trade...

68% Households Experienced Food Insecurity In August – NBS       Sixty-eight per cent of households experienced food insecurity in August as COVID-19 continued to have its impact on different sectors, the National Bureau of Statistics stated on Monday. Part of the report read, “The food security situation...

Aviation Sector Contribution To GDP Drops By 57.38%     The Gross Domestic Product report released by the National Bureau of Statistics on Monday has shown that air transport under the transportation and storage sector contracted by 57.38 per cent in Q2 2020 from 5.68 per cent...

Insurance Sector Shrank By 28.15% In Q2 - NBS     The insurance sector of the Nigerian economy contracted by 28.15 per cent in the second quarter of the year. This was contained in the National Bureau of Statistics’ Gross Domestic Product report for the second quarter of...

Nigeria’s GDP Declines By 6% In Q2 — NBS     The country’s Gross Domestic Product (GDP) decreased (year-on-year, YoY) to- 6.10 per cent in real terms in the second quarter of the year (Q2’20) as non-oil GDP records first fall by 6.05 per cent since Q3’17. In...