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January 4, 2019 5:30 PM NBS to release 179 reports on Nigeria’s economy

The National Bureau of Statistics (NBS), is set to release no fewer than 179 reports on different sectors of the economy this year. According to the 2019 tentative data release calendar posted on the bureau’s Website, the NBS is expected to release 47 data in the first quarter. According to the calendar analysed by the News Agency of Nigeria (NAN), the bureau 44

December 16, 2018 6:45 AM VP debate: President Buhari’s camp lists Peter Obi’s ‘biggest lies’

The Buhari Media Organisation, BMO, has highlighted false figures reeled out by the Vice presidential candidate of the Peoples Democratic Party, PDP, Peter Obi on Friday. BMO slammed the PDP vice presidential candidate, saying the politician has a penchant for cooking up figures and twisting facts. BMO said it was clear from the series of half truths 30

August 23, 2018 1:43 PM Bank Loans To Private Sector Drop To N15.3tn — OsunDefenderOsunDefender

Banks reduced lending to the private sector from N15.6 trillion allocated within the first quarter of 2018 to N15.34 trillion in the second quarter. The National Bureau of Statistics (NBS) disclosed this in its 2018 Q2 report titled: Selected Banking Sector Data: Sectorial Breakdown of Credit, ePayment Channels and Staff Strength (Q2 2018). The report 27

July 27, 2018 7:48 AM Average Petrol Price drops to N148 per liter in June

The National Bureau of Statistics (NBS) has said the average price paid by consumers for premium motor spirit (petrol) dropped to N148.1 in June 2018 from N150.2 in May this year. The drop represented a decrease of -1.5% year-on-year and -1.4% month-on-month in 2018. The bureau in its Premium Motor Spirit (Petrol) Price Watch (June 2018), reported that Borno 29

June 29, 2018 2:56 PM 134,663 crime cases recorded in 2017

Reports from the National Bureau of Statistics (NBS) said the crime statistics on reported offences reflected a total of 134,663 cases in 2017. In its Crime Statistics: Reported Offences by Type and State (2017), released on NBS website, it stated that offences against property had the highest number of cases with a total of 68,579. It also reported 38

June 14, 2018 5:47 AM Nigeria’s inflation drops to 11.61 percent in May – NBS

The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measures inflation for May, decreased to 11.61 per cent (year-on-year) from 13.34 per cent recorded in April. The NBS disclosed this in its CPI and inflation Report for May released on Wednesday in Abuja. According to NAN, the bureau said this figure is 0.87 per cent point 33

June 7, 2018 5:25 PM NBS puts total import value in Q1 at N2.5bnThe Sun News

The National Bureau of Statistics (NBS) said the total value of imports in the first quarter stood at N2, 518.26 billion compared to N2,112.31 billion recorded in the fourth quarter of 2017. The NBS disclosed this in its “ Foreign Trade in Goods Statistics’’ released on Thursday. The report noted that the value was 19.22 per cent higher than the fourth 28

May 8, 2018 11:05 AM N1.56bn ATM Transactions Recorded In First Quarter Of 2018

About 1.56 trillion naira transactions through the Automated Teller Machine (ATM)have been recored by banks in the first quarter of 2018. This was disclosed by the National Bureau of Statistics, NBS, reporting that a total volume of 457,226,406 transactions valued at N32.48 trillion were recorded in the first quarter of 2018 as data on Electronic Payment 25

April 13, 2018 11:40 AM Inflation rate records biggest drop in 11 months

The National Bureau of Statistics, NBS, says the Consumer Price Index, CPI, which measures inflation level in the economy, has again slowed – this time by 0.99 per cent points which is the biggest drop in 11 months stretching between March 2017 to March 2018. Meanwhile, in the latest figures from the NBS released yesterday, the highest increases were recorded 39

April 12, 2018 7:23 AM Nigerians paid N163 per litre of fuel in March – NBS

The National Bureau of Statistics (NBS) has revealed that the average price paid by consumers for Premium Motor Spirit (petrol) in the month of March, dropped to N163 from N173 recorded in February. The drop represented an increase of 9.4 percent year-on-year, NBS said in a latest report. According to the report, the average price increased by 5.3 percent 40