Nigeria Imports N35.2bn Solid Minerals In Three Months         Nigeria exported N5.5bn solid mineral goods while the import component stood at N35.2bn in the third quarter of 2020. This was disclosed in the foreign trade statistics report for the third quarter of 2020 obtained from the National...

Commodity Group Import Index Grew By 1.89% In Q3’20 — NBS         The all commodity group import index rose by 1.89 per cent between July and September 2020. The National Bureau of Statistics disclosed this in its ‘Commodity price index July to September, 2020’ report. This was driven...

FAAC Allocation In 2020 Not Bad         Federation Accounts Allocation Committee (FAAC) revenue to the Federal Government, 36 states and 774 local governments fell by just five percent to N7.14 trillion in eleven months (January to November) from N7.46 trillion in the same period of 2019. Going...

Pressure On Income May Limit Household Investments In Education, Others — NBS         The National Bureau of Statistics (NBS), yesterday, said the pressure on income might limit household investments on education and health services for family members. In its COVID-19 National Longitudinal Phone Survey (NLPS) for October...

Food Prices Rising, Household Incomes Precarious – NBS       The prices of most food items increased in November this year, while the incomes for many households are still in precarious situations, the National Bureau of Statistics has said. In its Selected Food Prices Watch for November 2020,...

Oil, Power Firms Owe Nigerian Banks N5.83trn – NBS         The debts owed by energy firms to Nigerian banks rose by N200bn to N5.85tn in the third quarter of this year, according to the National Bureau of Statistics. The N5.85tn represents 29.44 per cent of the N19.87tn...