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 this year, figures obtained from the National Bureau of Statistics have revealed. An analysis of the Gross Domestic Product report prepared...

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 country in the first quarter, 2019, Nigeria’s statistics bureau has said. The National Bureau of Statistics (NBS) said this in a...

Highly Indebted States: Lagos Debt Hits N1.043trn in 2018- Investigation … High Indebted States: Lagos, Rivers, Osun, Kaduna, Imo .… Low Indebted States: Yobe, Jigawa, Kwara, Ondo, Ebonyi Lagos State, South West Nigeria, is number one among the Highly Indebted States in Nigeria in both external and...

Stock Market Index Sustains Falling Profile, Down By 0.17% The bears maintained dominance at the equity sector of the Nigerian Stock Exchange (NSE), yesterday, just as more high cap stocks depreciated in price, causing the All-share index to plunge further by 0.17 per cent. The...

Nigeria Earned N289.04bn From VAT Q1 2019, Says NBS Sectoral distribution of Value Added Tax data for the first quarter of 2019 reflected that the sum of N289.04bn was generated as VAT in Q1 2019 as against N298.01bn generated in Q4 2018 and N269.79bn generated...

Nigeria Recorded N15.69trn Deficit In Manufactured Goods In 3yrs - NBS Nigeria recorded N15.69tn deficit in manufactured goods in 3yrs Nigeria recorded a total of N15.69 trillion trade deficit in manufactured goods in the last three years. Data from the National Bureau of Statistics (NBS) shows...