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Nigeria Imports N13.7trn Manufactured Goods In Nine Months

Nigeria Imports N13.7trn Manufactured Goods In Nine Months   Manufactured goods valued at N13.7tn were imported into Nigeria from January to September this year, data from the National Bureau of Statistics show. The country exported N757bn worth of manufactured goods in the nine-month period, accounting for 0.06...

Fish Import Bills Rise To N500bn In 11 Months

Fish Import Bills Rise To N500bn In 11 Months   Despite being the largest producer of fish in Africa, Nigeria has spent about N500 billion on fish import in the last 11 months. Findings revealed that the higher cost of imported fish products since 2015 and the...

Inflation: Prices Continue To Soar Despite Drop In Nov

Inflation: Prices Continue To Soar Despite Drop In Nov   The inflation rate in Nigeria fell in November to 15.40 per cent (year-on-year), the lowest since December last year, according to the National Bureau of Statistics. The NBS, in its Consumer Price Index report on Wednesday, said...

In Nine Months, Nigeria Imports N143bn Solid Minerals

In Nine Months, Nigeria Imports N143bn Solid Minerals   Nigeria imported solid minerals worth N143.1bn from January to September this year, according to data collated from the National Bureau of Statistics. The NBS data also show that the country exported N42.5bn solid minerals in the nine-month period,...

Foreign Trade Records N3.02trn Deficit In Q3, 2021

Foreign Trade Records N3.02trn Deficit In Q3, 2021   Nigeria’s total external merchandise trade recorded a N3.02 trillion deficit in the third quarter of the year (Q3 2021) as imports significantly outweighed exports, leading to unfavourable trade balance, the National Bureau of Statistics (NBS) said yesterday. However,...

Simon Harry: 100 Days Of The New Sheriff At NBS, by Damilola Olufemi

Simon Harry: 100 Days Of The New Sheriff At NBS, by Damilola Olufemi     Since the inception of Dr. Simon B Harry as the Statistician-General of the National Bureau of Statistics, NBS, there have been new phases of development and advancement in the day-to-day activities of...