Nigeria’s GDP growth rate contracted by -1.3% in fourth quarter of 2016

The National Bureau of Statistics (NBS) on Tuesday released the Gross Domestic Product (GDP) growth rate…

Nigeria’s growth drops, oil raises hopes for end to recession

Nigeria’s battered economy suffered a year-long contraction in 2016, official data showed Tuesday, but the oil…

Nigerian ports berth 19,833 vessels in 3 years – NBS

  The National Bureau of Statistics (NBS) says the traffic statistics at Nigerian ports recorded 19,833…

FG, states shared N426 billion in December-NBS

The sum of N426.88 billion was disbursed to the three tiers of government in December 2016,…

Recession: Investment inflow shrinks by $4.5bn in nine months

The level of investments inflow into the country recorded a huge decline of $4.51bn from the…

Nigeria’s external trade drops by N104bn in Q3

Nigeria’s external trade has slumped negatively due to imbalance between imports and exports, data from the…

Unemployment rate rises to 13. 9 % – NBS

The National Bureau of Statistics (NBS) says the country’s unemployment rate has risen from 13.3 per…

Inflation rate hits 18.48%, NBS blames high cost of rent

    The Consumer Price Index which measures the rate of inflation in Nigeria rose by…

NBS: Investment inflow into Nigeria rises by 74% to $1.8bn

The National Bureau of Statistics (NBS) on Monday released the capital importation report for the third…

Nigerian inflation rises to 17.6 percent in August

Annual inflation in Nigeria accelerated to 17.6 percent in August, a fresh 11-year high and the…

Nigeria’s second quarter trade rises by 49% to N3.9tn

The National Bureau of Statistics on Tuesday released the merchandise trade statistics for the second quarter…

Nigerians brace up for hard times as recession hits economy 

The National Bureau of Statistics (NBS) has officially confirmed what experts have long said – Nigeria…