Budgets Economy News Extra Latest News Political Economy

Accurate, Timely Data Key To Nigeria’s Economic Growth – Statistician General

Nigeria’s efforts towards achieving broad-based and cross-sectoral development on sustainable basis will not translate to remarkable success unless adequate commitment is given to accurate and timely statistical data production covering all facets of national development, the Statistician General of the Federation, Dr. Yemi Kale, has stressed. Dr Kale, who made this remark at the opening […]

Civil Advocacy & Gender Matters Economy News Extra Health & Environment Latest News Political Economy

Nigeria To Flag Off Key Socio-Economic Devt Surveys

Nigeria is set to conduct the Multiple Indicator Cluster Survey (MICS6)/National Immunization Coverage Survey (NICS) with an inaugural meeting of the National Steering Committee virtually held yesterday. The task of the committee is to oversee the whole process of MICS6/NICS2020 to ensure that all activities concerning the survey are effectively carried out for a successful […]

Agriculture & Agribusiness Economy News Extra Latest News Political Economy

Nigeria’s Inflation Hits 13.22% In August, Highest In 28 Months

As predicted by many economic analysts, Nigeria’s consumer price index, (CPI) which measures inflation, increased by 13.22 percent (year-on-year) in August 2020, representing 0.40 percent points higher than the 12.82 percent rate recorded in the preceding month. According to the National Bureau of Statistics (NBS), the publisher of the report, the August CPI rate, which […]

Banking Economy News Extra Investments/Capital Market Latest News

Nigeria’s Capital Importation Dips By 78.6% YoY In Q2, 2020

The National Bureau of Statistics (NBS) has reported that Nigeria received $1.29 billion capital importation (inflows) in the second quarter (Q2) of 2020. This represented a decrease of 78.6% when compared to Q2, 2019 and 77.9% decrease compared to $5.85 billion in Q1 2020. According to the latest Nigerian Capital Importation report released by the […]

Economy News Extra Latest News Professionals & HR Devt. Revenue Taxation

Professional Services Sector Tops VAT Collections In Q3, 2019

The National Bureau of Statistics (NBS) has reported that out of the N275.12 billion raked in as Value Added Tax (VAT) in the third quarter of this year, the Professional Services sector accounted for the highest collection, totalling N32.09 billion,. Overall, the NBS, in its just published ‘Sectoral Distribution Of Value Added Tax (Q3,2019) report […]

Economy News Extra Investments/Capital Market Latest News

Nigeria’s Imported Capital Value Dips -7.78% In Q3

The National Bureau of Statistics (NBS) on Monday reported that the total value of capital importation into Nigeria in the third quarter of this year (July-Sept 2019) stood at $5,367.56 million, representing a – 7.78% drop from the value of capital imported in the preceding quarter. However, when compared with the value of capital imported […]

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Nigeria’s GDP Growth Up 2.28% In Q3 2019 – NBS

The National Bureau of Statistics (NBS) on Friday reported that Nigeria’s  Gross Domestic Product (GDP) grew by 2.28% in the third quarter of 2019, representing 0.17 percentage points higher than the 2.12% revised GDP growth recorded in the second quarter. According to the official statistics producing agency, the third quarter growth rate represents the second […]

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NBS To Commence Nationwide WASH-NORM Survey From November 24

The National Bureau of Statistics (NBS), in collaboration with the Federal Ministry of Water Resources and UNICEF, will this Sunday, November 24, flag off a WASH – NORM Survey in Nigeria to collect latest information on improved water access, the percentage of Nigerians who are involved in open defecation, and general sanitation practices. The WASH […]

Agriculture & Agribusiness Economy News Extra Latest News

Nigeria’s Inflation Hits 11.61% In October, Highest In 17 Months

Indications that the recent closure of Nigerian land borders and other fiscal measures by the government are already taking tolls on consumers’ real economy emerged on Monday as the nation’s consumer price index (CPI), which measures inflation rose to 11.61%  in October, the highest rate in 17 months. The National Bureau of Statistics (NBS) gave this […]