Manufactured Exports Fall By 40% In Q1, Says NBS   The National Bureau of Statistics’ Foreign Trade Statistics report, released on Monday, indicates a significant 40 per cent decrease in the value of traded manufactured goods in Q1 2023, which declined from N219bn in the corresponding...

Nigeria Records N931.1bn Trade Surplus In Q1, 2023   Nigeria recorded N931.1billion surplus trade in the First Quarter of the year, according to the National Bureau of Statistics (NBS). Its document entitled: “Foreign Trade in Goods Statistics (Q1 2023),” which The Nation obtained yesterday, stated in the...

Insurance Sector Shrinks By 7% Over Cash Crunch – NBS   The insurance sector’s growth fell by 7.25 per cent in the first quarter of 2023, the latest figures obtained from the National Bureau of Statistics (NBS) have revealed. The NBS disclosed in its ‘Nigeria Gross Domestic...

NBS only Agency Authorised to Issue Unemployment Figures in Nigeria, Says Satistician-General   The Statistician-General of the Federation, Prince Semiu Adeyemi Adeniran, has cautioned Nigerians and urged them to discard and disregard any unemployment figures or data coming from any other body or organisation aside the...

In Five Years, Nigerian Equities Market Attract $19.2bn Investment   As foreign investors take a position in low-priced stocks, the Nigerian equities market attracted a total of $19.2 billion (N8.83 trillion) in Foreign Direct Investment between 2018 and 2022, a report by the National Bureau of...

Akwa Ibom, Rivers, Delta Lead As States Share N9.3trn In Three Years   The 36 states in Nigeria shared a total of about N9.3tn as federal allocation between June 2019 and December 2022, a period of 43 months, which formed the bulk of the second tenure...