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Fed Govt Records N817.35bn Trade In Agricultural Goods In Q2, 2021

Fed Govt Records N817.35bn Trade In Agricultural Goods In Q2, 2021           The Federal Government recorded N817.35 billion trade in agricultural goods in the second quarter 2021, The Economic Confidential has learnt. A document that our correspondent obtained from the National Bureau of Statistics (NBS), said there...

Insurance Sector Rebounds, Records 16.41% Growth In Q2, 2021

Insurance Sector Rebounds, Records 16.41% Growth In Q2, 2021             The insurance sector returned to growth path after recording 16.41 per cent growth in the second quarter of the 2021. This is according to statistics obtained on Sunday from the National Bureau of Statistics on second quarter...

Kerosene, Petrol Prices Rose In August – NBS

Kerosene, Petrol Prices Rose In August – NBS             Two reports from the National Bureau of Statistics have revealed that the prices of kerosene and Premium Motor Spirit, popularly known as petrol, increased year-on-year in August. The National Household Kerosene Price Watch report for August 2021 by...

Bread, Cereals, Others Push Food Inflation To 20.30%

Bread, Cereals, Others Push Food Inflation To 20.30%             The National Bureau of Statistics on Wednesday said that the composite food index rose by 20.30 per cent in August compared to 21.03 per cent recorded in July 2021. This implies that that food inflation continued to rise...

States Generate N5.30trn, Get N10.19trn, Borrow N1.84trn In Five Years

States Generate N5.30trn, Get N10.19trn, Borrow N1.84trn In Five Years       The 36 states in Nigeria earned N5.30tn as internally generated revenue from 2016 to 2020. The states got N10.19tn from the Federation Accounts Allocation Committee within the time under review and borrowed N1.84tn from domestic...

Oil, Gas GDP Contribution Declines By N3.25trn In Two Years

Oil, Gas GDP Contribution Declines By N3.25trn In Two Years       The contribution of crude petroleum and natural gas sector, which is a sub-sector under the mining and quarrying sector, to Nigeria’s Gross Domestic Product dropped from N13.45tn in 2018 to N10.2tn in 2020, signifying a...