$1.2 billion routed through StanChart and 3 other banks – NBS Report
A capital inflow of the sum of $1.46 billion was received by Nigeria in the third quarter of 2020.
Tag: National Bureau of Statistics
Effects of the recession on families and how to cope
For families, it will require a lot of sacrifice, adjustments and prudence in the management of resources to navigate the ...
Recession; proactive measures not cyclical factors can resuscitate economy
The National Bureau of Statistics (NBS) released the GDP report for Q3 2020 which officially confirmed the economy has slipped ...
Aviation contribution to GDP drops by 38.86% in Q3 2020 – NBS
A recently released NBS report indicates that air transport contracted by 38.86% in the third quarter of 2020.
NBS hits back at Prof Hanke, says Nigeria’s inflation is not 33%
The National Bureau of Statistics highlighted seven reasons why Prof. Hanke’s claim is faulty and holds no ground in the ...
Central Bank says monetary policy not to blame for rising food cost
The CBN has insisted that rising food inflation can not be attributed to its monetary policy but to supply-related issues.
Incomes and consumption of Nigerian households remain unstable due to COVID-19
The survey is part of a World Bank global effort to support countries in their data collection efforts to monitor ...
More agriculture loans but longstanding bottlenecks remain
Despite the flurry of funds provided via intervention policies, long-standing bottlenecks in the agric sector still exist.
Inflation rate climbs to 30-month high
Data for September showed that headline inflation in Nigeria rose for the thirteenth consecutive month to a 30-month high.
Household kerosene: Price per litre increased by 0.42% month-on-month – NBS
The average price per litre for Kerosene increased from N346.53 in August 2020 to N347.98 in September 2020.
