Nigerian Economy Enters Second Recession In Five Years       The Nigerian economy has slipped into its second recession in five years as the gross domestic product contracted for the second consecutive quarter. The National Bureau of Statistics announced Saturday the nation’s GDP recorded a negative growth of...

Food Price Hike, Others Push Inflation To 14.23% — NBS         The hike in food prices and other individual consumption across the country further increased the rate of inflation in Nigeria to 14.23 per cent in October 2020. Figures released by the National Bureau of Statistics on...

Nigeria Generated N424bn VAT In Q3, 2020 – NBS       The National Bureau of Statistics on Monday said N424.71bn was generated as VAT in the third quarter of the year. This was against N327.20bn generated in Q2 2020 and N275.12bn generated in Q3 2019. It said the third...

Expect Crash In Food Prices, Farmers, Others Tell Nigerians       Farmers and other stakeholders in the agricultural sector have projected that the high cost of food in most parts of the country will begin to drop in few months time. Farmers under the aegis of the All...

Chinese Products Top Nigeria’s Imported Goods List – NBS       A total of 31.41 per cent of goods imported into Nigeria are from China, according to the National Bureau of Statistics. The NBS stated in its report on ‘Foreign trade in goods statistics’ for second quarter of...

221,595 Register For National Housing Fund       A total of 221,595 individuals and organisations registered for National Housing Fund in 2019, the National Bureau of Statistics has said. Figures from the NBS on Tuesday showed that the number included 220,935 individuals and 660 organisations. The NHF scheme was...