Nigeria Records N4.03tr Trade Balance In 2017, Says NBS   Nigeria’s balance of trade stood at N4.03 trillion ($13.2 billion) in 2017, the National Bureau of Statistics (NBS) has said. In a report released yesterday, the NBS said Nigeria’s trade account turned positive as a rise in...

In 2017 GDP Recorded 0.82% Growth – NBS   The National Bureau of Statistics on Tuesday released the full-year 2017 Gross Domestic Product growth rate for the country, with the economy growing by 0.82 per cent. The 0.82 per cent growth in GDP was an improvement over...

Still On NBS Statistics And The Nigerian Economy By Rahma Oladosu The recent officially released statistics by the National Bureau of statistics (NBS) in January 2018 revealed that about 7.5 million Nigerians were doing nothing between January 2016 and December 30, 2017. In fact, it further...

Nigeria Has Attracted $6.8bn Investments In 9 Months – NBS The nation attracted $6.85bn worth of investments in the first nine months of 2017; while some state governments took advantage of portfolio investors’ appetite for the Nigerian market, others allowed the opportunity to slip. Between January...

FG, Others Share N6.2tr Statutory Allocation Funds In 2017 The Federal Government, 36 states and the 774 local government shared N6.2 trillion as statutory allocation funds in 2017. Money Vanguard analysis of the Federation Account Allocation Committee (FAAC) monthly disbursement report by the National Bureau...

Nigeria’s Shadow Economy Organising the informal sector and harnessing its massive potential will significantly enhance government’s non-oil revenue drive With the rising level of unemployment in the formal sector, the number of those seeking for opportunities in the informal sector has continued to swell. In its latest...