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 in the past two years, rising from 20,237 to 46,235, investigation has revealed. Figures obtained by our correspondent on Wednesday showed...

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 estimates on debt servicing, according to the Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) submitted to the National...

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, prices of petrol, kerosene and diesel skyrocketed in August. Data sourced from the National Bureau of Statistics (NBS) show that while...

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 11.08 per cent in July to 11.02 per cent in August. The bureau in the report stated that inflation rate of...

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 year, an analysis of the Gross Domestic Product report released by the National Bureau of Statistics on Tuesday has revealed. The...

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 month after declining in June, according to the National Bureau of Statistics. The latest data obtained from the NBS showed that...