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NATIONAL BUREAU OF STATISTICS (NBS)
The report showed that 33 states, including Abuja, recorded positive growth in revenue, while 4 states generated less in 2019 compared to 2018.
Data from the National Bureau of Statistics (NBS) reveal that Nigeria’s inflation rate increased by 12.34% (year-on-year) in April 2020. This is 0.08% higher than the rate of 12.26% recorded in March 2020 and the highest rise since April 2018.
We attribute the low level of disposable income to high unemployment rates and declining job opportunities in the formal sector.
Nigerians spent N40.20 trillion as household consumption expenditure in 2019.
The number of Nigerians that are poor have been estimated to be 82.9 million people, this is revealed in the latest Poverty and Inequality report released by the national Bureau of Statistics (@nigerianstat)
Nigerian banks claim they have protected themselves against a potential loan crisis in the oil and gas sector. But is it enough?
According to the NBS report, month on month, inflation rose by 12.26% in March 2020, higher than the rate (12.20%) recorded in February and 12.13% in January. The inflation rate in Nigeria rose for the 8th consecutive month as recession looms in the Nigerian economy amidst the rapid spread of COVID-19 pandemic
Official data released by the National Bureau of Statistics (NBS), consumer inflation quickened to a four-month high of 11.24% y/y
Nigeria’s consumer price index, which measures inflation increased to 11.24% in September 2019. This was revealed in the latest inflation report released by [@nigerianstat]
States’ IGR hits N691 billion as Osun, others recorded biggest growth
Contract staff across Nigerian banks hit a record 46,263 in June 2019. This is revealed in the latest banking sector report released by the National Bureau of Statistics (NBS).
Non-Performing Loans in Nigerian banks dropped to a record N1.44 trillion in the second quarter of 2019.