In Three Months, Manufacturing Sector’s Output Drops By N78bn The manufacturing sector recorded a decline of about N78bn in output in the first quarter of this year, figures obtained from the National Bureau of Statistics have revealed. An analysis of the Gross Domestic Product report prepared...

Banking: E-payments Hit N34.02trn In 2019 Q1, Says NBS A total of 557,083,712 electronic-payment transactions valued at N34.02trn were recorded in selected banks across the country in the first quarter, 2019, Nigeria’s statistics bureau has said. The National Bureau of Statistics (NBS) said this in a...

Nigeria Earned N289.04bn From VAT Q1 2019, Says NBS Sectoral distribution of Value Added Tax data for the first quarter of 2019 reflected that the sum of N289.04bn was generated as VAT in Q1 2019 as against N298.01bn generated in Q4 2018 and N269.79bn generated...

Nigeria Recorded N15.69trn Deficit In Manufactured Goods In 3yrs - NBS Nigeria recorded N15.69tn deficit in manufactured goods in 3yrs Nigeria recorded a total of N15.69 trillion trade deficit in manufactured goods in the last three years. Data from the National Bureau of Statistics (NBS) shows...

Petrol, Diesel, Kerosene Prices Rose In April, NBS Says   The prices of petrol, diesel and kerosene increased in many parts of the country last month, the National Bureau of Statistics said in its new reports on the products. The average price paid by consumers for Premium...

States Grew IGR To N1.1trn In 2018 - NBS Report   The National Bureau of Statistics on Thursday released the Internally Generated Revenue report for 2018, with the 36 states and the Federal Capital Territory generating a total amount of N1.16trn. The NBS, in a report posted...