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NATIONAL BUREAU OF STATISTICS
Details provided showed that Nigerians working in almost all the sectors were affected by the COVID-19 pandemic.
Nigeria recorded a total export revenue of $10.4 billion in 2019, the highest since 2008 which is farthest we can trace Nigeria's export data.
The Federal Account Allocation Committee (FAAC) disbursed the sum of N647.35 billion to the three tiers of government in February 2020.
Banking sector credit to the economy grew for the second consecutive quarter by 5.8% q/q in Q4 2019 to N17.2 trillion, the highest level as far as 2007.
The Nigerian banking industry witnessed a significant 41% decline in non-performing loans (NPLs) last year, the NBS has disclosed.
The National Bureau of Statistics (NBS) has disclosed that foreign capital investment in the telecommunications industry rose by 725% in 2019.
President Muhammadu Buhari has made currency stability a key pillar of his plan to revive an economy still reeling from the collapse of oil prices in 2014.
According to the National Bureau of Statistics (NBS), the contribution of the Aviation industry to Nigeria's economy increased by 0.14% in 2019.
FAAC disbursed a sum of N650.83 billion to the three tiers of government in December 2019 from the revenue generated in November 2019.
The Nigerian economy ended 2019 in what appears to be another major setback, as trade balance posted N579 billion deficit in the fourth quarter of 2019.
In exchange rate, when Nigeria sells oil, she is paid in dollars, but when Nigeria imports, she spends those dollars also.
Based on the data released by the National Bureau of Statistics, Headline inflation in Nigeria rose by 15bps to 12.13% in January.