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Agriculture Declined By 1.33% In 2018, Says NBS

Agriculture Declined By 1.33% In 2018, Says NBS The agriculture sector experienced a decline of 1.33 per cent in 2018, recording an increase of 2.12 per cent against the growth of 3.45 per cent recorded in 2017. Recent Gross Domestic Product report from the National Bureau...

NBS Names India As Nigeria’s Biggest Trading Partner In Q3 ‘ 2018

NBS Names India As Nigeria's Biggest Trading Partner In Q3 ' 2018 India was Nigeria’s biggest trading partner in the third quarter of 2018, gulping N719.2bn of crude and N37.7bn of natural gas exports from the country. India also bought cashew nuts worth N4.7bn. The News...

Manufacturing Sector Tops In N273bn VAT Generated In Q3’2018, Says NBS

Manufacturing Sector Tops In N273bn VAT Generated In Q3'2018, Says NBS The manufacturing sector had the highest contribution to the Value Added Tax generated in the third quarter of 2018, the latest data obtained from the National Bureau of Statistics on Tuesday revealed. The figures, showed...

Buhari: NBS Data Show We’re Making Progress

Buhari: NBS Data Show We're Making Progress President Muhammadu Buhari says the recent data reeled out by the National Bureau of Statistics show that his administration is doing well. Buhari said this on Wednesday during a Gala Night organised by beneficiaries of the government’s Anchor Borrowers...

Non-performing Banks’ Loan Rise To N2.24trn

Non-performing Banks' Loan Rise To N2.24trn Nigerian bank’s non-performing loans stood at N2.245tn as of the end of September 2018, according to the National Bureau of Statistics. The NBS revealed that in the period under review, the country’s gross loans stood at N15.861tn, while loans (after...

In October, Inflation Slightly Drops To 11.26% – NBS

In October, Inflation Slightly Drops To 11.26% – NBS   The consumer price index which measures inflation decreased by 11.26% (year-on-year) in October2018, the National Bureau of Statistics disclosed in its ‘CPI and inflation report October 2018’ which was released on Wednesday. The statistics revealed that this...