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NATIONAL BUREAU OF STATISTICS (NBS)
The latest report released by the National Bureau of Statistics (NBS) has revealed that three South-Western States in Nigeria have the highest number of Small and Medium Enterprises (SMEs) in the country.
There appears to be a ray of hope for the citizens of Africa's most populated country, Nigeria, as...
The headline inflation is important for investors as an indicator of the health of the economy. However, for consumers, the rate of inflation can be a less reliable measure of changes in their spending power.
The Lastest report released by the National Bureau of Statistics (NBS) has shown that the average price per litre of Kerosene in Nigeria decreased to N315.91 in May 2019, down from N316.26 recorded in the month of April.
The latest pension statistics have shown that the Nigerian Pension Fund asset crossed the 9 trillion mark in the first quarter of 2019, a feat that analysts have largely attributed to the growing awareness campaigns which have influenced the willingness of Nigerians to take their retirement plan seriously.
According to the International Labour Organisation (ILO), the
“Consumer Price Index (CPI) measures changes in the prices of goods and services that households consume”.
The latest import data released by the @nigerianstat shows that Nigeria spent a whopping sum of N148 billion to import used Vehicles (popularly known as Tokunbo) in the first quarter of 2019. Analysis shows that in one year, Nigeria spent the sum of N417.66 billion to import used vehicles
Nigeria's total trade hits N8.24 trillion in the first quarter of 2019, this is revealed in the latest foreign trade report released by the @nigerianstat covering the period under review.
Nigeria generated a total sum of N289.04 billion Value Added Tax (VAT) in the first quarter of 2019, a 3% decline when compared to the N298 billion generated in the fourth quarter of (Q4) 2018.
The Federation Account Allocation Committee (FAAC) disbursed the sum of N617.57 billion to the three tiers of government in April 2019, according to the FAAC report released by @nigerianstat
Nigeria's Gross Domestic Product (GDP) recorded slow growth of 2.01 percent in real terms, in the first quarter of in the first quarter (Q1) 2019, compared to 2.38 percent in Q4 2018. This is revealed in the latest GDP data released by @nigerianstat. Meanwhile, the oil sector contracted for the fourth consecutive quarter.
The average price per litre of Kerosene in Nigeria increased to N316.26 in April 2019, compared to N303.94 recorded in March. This indicates that the Average price per litre paid by consumers for National Household Kerosene increased by 4.06 percent month on month and 13.57 percent year-on-year.