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National Bureau of Statistics

NBS: Inflation rate drops to 11.25% in March

The National Bureau of Statistics on Tuesday released the Consumer Price Index, which measures inflation with the index dropping to 11.25 per cent (year-on-year) in March 2019.
National Bureau of Statistics NBS

Inflation drops again to 11.25% in March 2019

National Bureau of Statistics (NBS) says consumer price index, (CPI) which measures inflation increased by 11.25 per cent (year-on-year) in March 2019.

Senate confirms new ambassadorial nominees

The Senate on Thursday, confirmed three new ambassadorial nominees recommended to the upper chamber by President Muhammadu Buhari early this year.

Senate confirms three new ambassadors, others

The Senate on Thursday confirmed three new ambassadors-designate.
Senate President Senator Bukola Saraki

Senate confirms appointment of NBS chairman, board members

The Senate, Thursday, approved the confirmation of six nominees for appointment as chairman and members of the Board of the National Bureau of Statistics, NBS.

NBS: Lagos has highest foreign debt profile, Yobe least

The National Bureau of Statistics said Nigeria’s foreign debt stood at 25.27 billion US dollars as at 31st December, 2018.
National Bureau of Statistics NBS

NBS: JAMB records 4.01 per cent drop in applications received in 2018

The National Bureau of Statistics (NBS) says the Joint Admissions and Matriculation Board (JAMB) recorded a 4.01 per cent drop in the applications received in 2018.
Vice President Yemi Osinbajo

VP Osinbajo: Federal government equips more than 11,000 youths on job skills

The Vice-President, Prof. Yemi Osinbajo, says the Federal Government will do all that is necessary to ensure that the capacities of Nigerian youth are developed and fully utilised.

Expert cautions federal government on VAT increase

As operators in different sectors of the economy continue to advise the federal government against an upward review of the Value Added Tax (VAT), a Port Harcourt-based oil and gas business magnate, Mr Adamu Mutairu, has said a hike in the VAT will not only be counterproductive, but would further impoverish Nigerians, lead to an increase in the cost of goods and services and intensify inflationary pressure.

Federal government spends N300 billion on social investment programmes

The federal government has spent about N300 billion on the National Social Investment Programmes in the last three years.

Misery Index: Nigeria not a miserable country

In a report titled: “The Misery Index 2018,” authored by Dr. Steve Hanke of the Johns Hopkins University in Baltimore, Maryland, Nigerians have been labelled the sixth most miserable people in the world. The misery index was introduced in the 1970s by Arthur Okun, an American economist, author of the seminal work, Equality and Efficiency: The Big Trade Off (1975).
Abdulrahman Abdulrazaq

Kwara youth set agenda for governor-elect

Youths in Kwara state have set agenda for the incoming government in the state, calling on the All Progressives Congress (APC) governor-elect, Alhaji Abdulrahman Abdulrazaq, to turn around the fortune of youth in the state.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 3

President Buhari: We’ll review national minimum wage report speedily

President Muhammadu Buhari on Monday in Abuja received the report of the Presidential Technical Advisory Committee on the Implementation of the National Minimum Wage with a pledge to review it expeditiously.
Nigerian National Petroleum Corporation (NNPC)

NNPC signs $50 million refinery overhaul contract with Italian firm

The Nigerian National Petroleum Corporation (NNPC) has again announced plans to revamp the nation’s four refineries to help the country save billions of dollars it expends annually on fuel imports.
National Bureau of Statistics NBS

NBS: Ogun highest producer of solid minerals

The National Bureau of Statistics (NBS) has disclosed that Ogun produced the highest tonnes of solid minerals in the country in 2018.

Central bank chief Godwin Emefiele foresees 3% GDP growth rate in 2019

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, Thursday projected that the Nigerian economy would grow by three per cent in 2019, higher than the 1.93 per cent it achieved in 2018.
National Bureau of Statistics NBS

NBS: FGN bonds top N8.63 trillion pension funds’ assets

Total pension funds’ assets under management increased to N8.63 trillion in the fourth quarter of 2018 (Q4 2018), compared to N8.32 trillion in Q2, according to the National Bureau of Statistics (NBS).
National Bureau of Statistics NBS

NBS: Inflation rate drops to 11.31 percent in February

The National Bureau of Statistics on Friday released the Consumer Price Index which measures inflation with the index dropping from 11.37 per cent in January to 11.31 per cent in February.

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Former Vice President Namadi Sambo was yesterday unanimously elected chairman board of trustees of Baze University, Abuja alongside four other new members inaugurated by the board.
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All Progressives Congress (APC) Nigeria

Ninth National Assembly: Forum of APC newly-elected Reps backs Femi Gbajabiamila

The Forum of All Progressives Congress (APC) newly-elected members of the House of Representatives have expressed support for the consensus candidate of the party for the 9th National Assembly Speakership, Femi Gbajabiamila.