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Banks’ Credit To Economy Decreased By N136bn – NBS

Banks’ Credit To Economy Decreased By N136bn – NBS   The total credit from banks to the economy recorded a decline of N135.8bn from N15.74tn at the end of the fourth quarter of last year to N15.6tn in the first three months of 2018. This is contained...

Nigeria’s Inflation Now 13.34% in March – NBS

Nigeria’s Inflation Now 13.34% in March – NBS Nigeria’s inflation rate measured by the Consumer Price Index (CPI) dropped from 14.33 in February to 13.34 per cent in March year-on-year, the National Bureau of Statistics (NBS) disclosed in its CPI report just released and made...

Nigerians Bought Petrol At N163 Per Litre In March – NBS

Nigerians Bought Petrol At N163 Per Litre In March – NBS     The National Bureau of Statistics on Wednesday released the Premium Motor Spirit price watch for the month of March, with Nigerians paying an average price of N163.4 to buy petrol. The bureau said in the...

In Three Months, Nigeria Spends N254bn On Fuel Import

In Three Months, Nigeria Spends N254bn On Fuel Import   Nigeria spent N254.16 billion on importation of Premium Motor Spirit, PMS, also known as petrol, in the fourth quarter of 2017, according to data obtained from the National Bureau of Statistics, NBS. The NBS stated that petrol...

Nigeria Spent N1.65tr On Import Of Live Animals

Nigeria Spent N1.65tr On Import Of Live Animals     Nigeria spent N1.65 trillion importing live animals, hides and skin in the last four years despite the country’s comparative advantage to locally source them. Data from the National Bureau of Statistics (NBS) showed that between 2014 and 2017,...

As At End Of 2017,Nigeria’s Public Debt Stands At N10.15 Trillion – NBS

As At End Of 2017,Nigeria’s Public Debt Stands At N10.15 Trillion - NBS   Nigeria’s Public Debt Stock as at the end of 2017 stood at N10.15 trillion ($28.21 billion). data released by the National Bureau of Statistics (NBS) showed that the public debt stock comprised foreign...