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Tag: National Bureau of Statistics (NBS)

FAAC Disburses N696.18bn in July, Says NBS

The National Bureau of Statistics (NBS) on Tuesday, September 21, said the Federation Account Allocation Committee (FAAC) disbursed the sum of N696.18 billion to...

BREAKING : Total Value of Capital Imported into Nigeria Drops by...

The National Bureau of Statistics (NBS) has said the total value of capital importation into Nigeria stood at $1.29billion in the second quarter of...

Nigeria Prosecutes 9,479 Drugs Suspects in 2019, Says NBS

Nigeria recorded 9,479 suspects arrested for drugs related offences  in 2019 as against 9,779 in 2018, representing a decrease of -3.07 per cent. The National...

Contracting GDP: Fiscal, Monetary Policy Initiatives Counter COVID-19 Challenges, Says FG

The Federal government has said its fiscal and monetary policy initiatives counter COVID-19 challenges, stressing that it was able to reduce the economic and...

ICT Sector Contributes 17.83% to Nation’s Economy, Says NBS

The National Bureau of Statistics (NBS), on Monday released Nigeria’s Gross Domestic Product (GDP), report for in the second quarter of 2020 (Q2 2020),...

Nigeria’s Economy Contracts by 6.1% in Q2, Says NBS

The National Bureau of Statistics (NBS)  on Monday said  Nigeria’s economy contracted by 6.1per cent in the second quarter (Q2) of 2020 from a...

Nigeria’s Economy Worsens as Unemployment Rate Increases To 27.1%-  NBS

The National Bureau of Statistics (NBS) has put Nigeria’s unemployment rate to 27.1per cent in second quarter (Q2) of 2020, up from the 23.1...

At 12.56% YoY, Inflation Rate Hits 27-month High

The National Bureau of Statistics (NBS) has said Consumer Price Index (CPI) that measures inflation increased by 12.56 per cent in June 2020, translating...

BREAKING NEWS: Increase in Prices of Food Stuffs Drive Inflation Rate...

The National Bureau of Statistics (NBS) has said Consumer Price Index, (CPI) which measures inflation increased by 12.40 per cent (year-on-year) in May 2020. According...

Nigerian Economy Grew 1.87% In Q1, Driven By Oil Sector, Says...

Nigerian economy grew 1.87 per cent year-on-year in the first quarter of the year, driven by growth in the oil sector of the economy,...
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