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Tag "National Bureau of Statistics"

EXPLAINER: Prices are going up but inflation rate is dropping — what’s the magic?

    EXPLAINER: Prices are going up but inflation rate is dropping — what’s the magic?

On Monday, the National Bureau of Statistics (NBS) released its monthly inflation report for October 2021. Since NBS released the report, Nigerians have queried if the data is a true

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‘You’ve been inconsistent’ — BudgIT asks NBS to publish data on FAAC disbursement

    ‘You’ve been inconsistent’ — BudgIT asks NBS to publish data on FAAC disbursement

BudgIT Foundation, a civic-tech organisation, has called on the National Bureau of Statistics (NBS) to publish data on FAAC allocations in Nigeria from March to August 2021.  BudgIT said this

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NBS: 36 states, FCT recorded N849bn IGR in six months — up by 39%

    NBS: 36 states, FCT recorded N849bn IGR in six months — up by 39%

The National Bureau of Statistics (NBS) says the 36 states and the federal capital territory (FCT) recorded N849.12 billion in internally generated revenue (IGR) in the first half of 2021.

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Nigeria’s inflation rate drops to 16.63% — sixth consecutive decline in 2021

    Nigeria’s inflation rate drops to 16.63% — sixth consecutive decline in 2021

The consumer price index (CPI), which measures the rate of change in prices of goods and services, dropped for the sixth consecutive time to 16.63 percent in September. This is

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NBS: 20% of Nigeria’s full-time workers lost jobs in 2020

  NBS: 20% of Nigeria’s full-time workers lost jobs in 2020

The National Bureau of Statistics (NBS) says that 20 percent of the full-time workforce in Nigeria lost their jobs due

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NBS: Kerosene, cooking gas prices increased in August

  NBS: Kerosene, cooking gas prices increased in August

The National Bureau of Statistics (NBS) says average price per litre paid by consumers for household kerosene increased to N400.01

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Agric, telecoms sectors slow Nigeria’s economic growth — takeaways from Q2 2021 GDP report

  Agric, telecoms sectors slow Nigeria’s economic growth — takeaways from Q2 2021 GDP report

Two key sectors of the Nigerian economy recorded sluggish growth in the second quarter of 2021 – all thanks to

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Simon Harry replaces Yemi Kale as statistician-general of federation

  Simon Harry replaces Yemi Kale as statistician-general of federation

President Muhammadu Buhari has approved the appointment of Simon B. Harry to replace Yemi Kale as the new statistician-general of

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World Bank: Nigeria’s unemployment rate rose five-fold in 10 years

  World Bank: Nigeria’s unemployment rate rose five-fold in 10 years

The World Bank says the unemployment rate in Nigeria rose five-fold in the last 10 years. From 6.4 percent in

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How 140% surge in Nigeria’s food import bill puts pressure on naira

  How 140% surge in Nigeria’s food import bill puts pressure on naira

The recent figures from the National Bureau of Statistics (NBS) on foreign trade for the first quarter (Q1) 2021 painted

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