NBS Names India As Nigeria's Biggest Trading Partner In Q3 ' 2018 India was Nigeria’s biggest trading partner in the third quarter of 2018, gulping N719.2bn of crude and N37.7bn of natural gas exports from the country. India also bought cashew nuts worth N4.7bn. The News...

Nigerians Fear Weaker Economy From Rising Inflation - CBN Report Respondents in a survey carried out by the Central Bank of Nigeria’s Statistics Department in the fourth quarter of 2018, showed that more Nigerians were sceptical of the country having a weaker economy from rising...

Manufacturing Sector Tops In N273bn VAT Generated In Q3'2018, Says NBS The manufacturing sector had the highest contribution to the Value Added Tax generated in the third quarter of 2018, the latest data obtained from the National Bureau of Statistics on Tuesday revealed. The figures, showed...

Buhari: NBS Data Show We're Making Progress President Muhammadu Buhari says the recent data reeled out by the National Bureau of Statistics show that his administration is doing well. Buhari said this on Wednesday during a Gala Night organised by beneficiaries of the government’s Anchor Borrowers...

Nigeria To Run Out Of Oil In 52 Years, Says DPR If new crude oil discoveries are not made to add to Nigeria’s current reserves of 36.971 billion barrels (bbls), the country will run out of oil in about 52 years, the Department of Petroleum...

As Electricity Supply Improves, Manufacturers Spend N43bn On Alternative Energy Source With electricity supply, particularly from the distribution companies remaining at an average of nine hours a day in the first half (H1) of 2018, local manufacturers’ expenditure on alternative energy source stood at N43.19...