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Half Year Real GDP Stands At 12.18% – NBS

Half Year Real GDP Stands At 12.18% - NBS         The National Bureau of Statistics (NBS) yesterday said the real Gross Domestic Product (GDP) growth rate for the first half of this year was -2.18 per cent year-on-year. It said in the first quarter (Q1) of this...

Real Estate Sector Contracted By 8.06% In Q3

Real Estate Sector Contracted By 8.06% In Q3         The real estate sector of the economy contracted by 8.06 per cent in the third quarter of 2020, according to latest figures obtained from the 2020 quarter report of the National Bureau of Statistics. Part of the report...

Company Income Tax Revenue Hits N416.01bn In Q3 – NBS

Company Income Tax Revenue Hits N416.01bn In Q3 - NBS         Revenue from Company Income Tax rose slightly to N416.01bn as of the end of the third quarter of 2020. The National Bureau of Statistics disclosed this in the Company Income Tax by Sectors (2015 – Q3...

Aviation Sector Contribution To GDP Contracts By 38.86%

Aviation Sector Contribution To GDP Contracts By 38.86%       The Gross Domestic Product report released by the National Bureau of Statistics has shown that air transport under the transportation and storage sector contracted by 38.86 per cent in the third quarter of 2020. The subsector contracted by...

Major Food Prices Increased In October, Says NBS Report

Major Food Prices Increased In October, Says NBS Report         The National Bureau of Statistics on Tuesday said the prices of some major selected food items increased in October 2020. In its just released report on Food Price Watch for October 2020, the bureau revealed that the...

Insurance Sector Contracts By 16.54% In Q3

Insurance Sector Contracts By 16.54% In Q3       The insurance sector contracted by 16.54 per cent in the third quarter of 2020 financial period, latest figures from the National Bureau of Statistics have shown. The NBS revealed on Saturday that the sector which contracted by 28.15 per...