Nigeria’s capital importation in the first quarter of the current fiscal years grew to $6,303.63 million, representing a significant year-on-year growth of 594.03 percent and a 17.11 percent growth over the figure reported in the previous quarter. The National Bureau of Statistics (NBS) attributed the geometrical increase in the capital inflow in the quarter under […]
The Manufacturers Association of Nigeria (MAN) has reported sharp decline in automotive, pulp and paper publishing, and other manufacturing sub-sectors’ capacities last year. Available statistics on the performance of the affected sectors provided by the association showed that food, beverage and tobacco grew by 57.1 per cent; textile, apparel and footwear grew by 60.02 per […]
The National Bureau of Statistics (NBS), in collaboration with the Federal Ministry of Water Resources and UNICEF, has unveiled plans to conduct WASH – NORM Survey effective from 26th April in all the 36 states and the Federal Capital Territory (FCT). A statement issued by the Statistician General of the Federation, Dr Yemi Kale, on […]
The National Bureau of Statistics (NBS) today reported that the nation’s Consumer Price Index (CPI), which measures inflation, increased by 13.34 percent (year-on-year) in March this year, representing 0.99 percent points less than the 14.33 percent rate recorded in February. The Bureau indicated that the latest inflation rate represented the 14th consecutive disinflation trend since […]