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Tag "National Bureau of Statistics"

NBS: Abia, Kogi, Kebbi paid highest for petrol in Feb 2021

    NBS: Abia, Kogi, Kebbi paid highest for petrol in Feb 2021

The average price of premium motor spirit (PMS), better known as petrol, was N166.24 in February 2021, according to the latest report from the National Bureau of Statistics (NBS). This

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Nigeria’s worst and best performing sectors in Q4 2020

    Nigeria’s worst and best performing sectors in Q4 2020

Nigeria, Africa’s largest economy, surprisingly came out of a recession in the fourth quarter (Q4 2020), as the country’s gross domestic product (GDP) grew 0.11 per cent in the three

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Nigeria exits recession with 0.11% growth

    Nigeria exits recession with 0.11% growth

Nigeria’s economy grew by 0.11 percent in the fourth of 2020. This comes after two consecutive quarters of negative growth which result in a recession. “Nigeria’s gross domestic product (GDP)

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NBS identifies 1.4m businesses in national business sample census

    NBS identifies 1.4m businesses in national business sample census

Yemi Kale, statistician-general of the federation and chief executive officer of the National Bureau of Statistics (NBS), says 1.4 million businesses have been identified in the National Business Sample Census.

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Food inflation records highest jump since 2016

  Food inflation records highest jump since 2016

Nigeria’s food inflation increased by 1.26 percent on a year-on-year basis from 18.30 percent in November 2020 to 19.56 percent

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Only six states attract investors as capital importation drops by 77.8% in Q2

  Only six states attract investors as capital importation drops by 77.8% in Q2

Capital importation into the country declined by 77.8 percent in the second quarter of 2020, a new report by the

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Presidency on GDP figures: Nigeria doing better than UK, US economies

  Presidency on GDP figures: Nigeria doing better than UK, US economies

The presidency says the second-quarter gross domestic product figures released by the National Bureau of Statistics on Monday was better

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COVID-19: Nigeria’s economy shrinks by 6.1% in Q2

  COVID-19: Nigeria’s economy shrinks by 6.1% in Q2

Nigeria’s gross domestic product shrunk by six percent in the second quarter of 2020, a new report by the National

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FG rakes in N651.77bn from VAT in six months

  FG rakes in N651.77bn from VAT in six months

Revenue generated from value-added tax increased by 8.45 percent from the N600.9 billion realised in half-year 2019 to N651.7 billion

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FG sets three-year N3.4trn revenue target for states

  FG sets three-year N3.4trn revenue target for states

The federal government has set a revenue target of N3.4 trillion for states over the next three years; a 60.8

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