Tag: NBS

Inflation Drops By 0.52 % In March But Food Prices Stay Up

The National Bureau of Statistics on Thursday, revealed that inflation dropped by 0.52 percent in March, the second decline recorded on the year- on- year basis. The first time inflation decline was in February when inflation dropped by 0.94 per cent. In its latest Consumer Price Index for March released[Read More…]

“3.67 Million Nigerians Lost Their Jobs Between 2015-2016” – National Bureau of Statistics

Recent figures obtained from the National Bureau of Statistics (NBS) have shown that over 3.67 million Nigerians lost their jobs between October 2015 to September 2016. Further analysis of the report on unemployment within that period of time showed that the number of unemployed Nigerians rose from 7.51 million in[Read More…]

National Bureau of Statistics : 11.2 Million Nigerians Are Now Unemployed, Increased Number Since APC Took Over Office

The National Bureau of Statistics (NBS) says 11.2 million Nigerians are now unemployed. According to the latest unemployment and underemployment report, released by NBS on Thursday, a total of 554,311 persons came into the unemployment bracket within the third quarter of 2016. The report also showed that 15.9 million Nigerians[Read More…]

52 Million Nigerians Out of Jobs — Says National Bureau of Statistics

The National Bureau of Statistics (NBS) has disclosed that a total of 52 million citizens within the economically-active population of Nigeria between 15 and 64 years were jobless by the end of March 2016. This figure consists of 27.5 million people who are “not willing or able, or not actively looking[Read More…]

National Bureau of Statistics Says Investment Inflow Into Nigeria Drops

The National Bureau of Statistics on Wednesday released the capital importation report for the first quarter of 2016 stating that the country recorded its lowest investment inflow in nine years. The bureau in a report available to Punch Newspaper said the economy attracted a total investment of $710.97m (N140.07bn) noting that[Read More…]

Nigeria’s Inflation Rate Hits Double Digit, Worst In 3 Years

Inflationary pressure in Nigeria’s economy has hit a double digit, upstaging major monetary policies of the Central Bank of Nigeria, CBN. National Bureau of Statistics, NBS, February report released yesterday indicated that Consumer Price Index, CPI, which measures inflation recorded a significant uptick with the headline index increasing by 11.4[Read More…]

Over Twenty-Two Million Nigerians Were Unemployed, Says National Bureau of Statistics

Over twenty-two million Nigerians were unemployed in Nigeria in 2014. This was revealed Friday, at the unemployment methodology review forum held at the National Bureau of Statistics in Abuja. The number according to NBS was an accumulation of the number of unemployed Nigerians in the four quarters of the year[Read More…]

‘Nigeria’s Inflation Rises To 8.5% In March’ National Bureau Of Statistics Reveals

by Chukwu Obi Nigeria’s National Bureau of Statistics, NBS has revealed that the Consumer Price Index (CPI) which measures the country’s inflation rate has moved up from 8.4 per cent rate recorded in February to gain a marginal increase putting it at 8.5 per cent in March. The statistical agency[Read More…]

National Bureau Of Statistics Reveals Capital Importation Valued At N9.5 tn In 2 Quarter

The National Bureau of Statistics (NBS) said the capital imported in the second quarter of 2014 was recorded at a value of 5.8 billion dollars (N9.5 trillion). This is contained in a statement issued in Abuja on Sunday by the Statistician-General of the Federation, Dr Yemi Kale. Kale said the[Read More…]