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The National Bureau of Statistics (NBS) has revealed that a total of 31.41 per cent of goods imported into Nigeria are from China.

NBS: Nigeria’s most imported goods are from China

The National Bureau of Statistics (NBS) has revealed that a total of 31.41 per cent of goods imported into Nigeria are from China.

Nigeria to begin business sample census October 12

The National Bureau of Statistics, NBS, is to commence National Business Survey after 22 years.
Governor Nyesom Wike on Tuesday claimed the Niger Delta Development Commission, NDDC, spent the sum of N10 billion to fight him during the 2019 governorship election.

Governor Wike: Rivers to employ 6, 000 teachers

Determined to improve the quality of learning in Rivers state educational institutions, government is set to employ no less than 6, 000 highly trained teachers to augment the shortfall of the current staff.

NBS: Prices of rice, egg, yam increased in August

The National Bureau of Statistics (NBS) has said the prices of some selected food items increased in August.
National Bureau of Statistics NBS

NBS solicits Nigerians’ support on survey on children, women

The National Bureau of Statistics (NBS) has appealed to the general public to support its survey on the situation of women and children it is conducting, is brought to “ a successful end”.
Nigeria Naira

Nigeria’s inflation hits 13.22 percent

The nation’s inflation rate has recorded its biggest increase so far this year, rising to 13.22 per cent in August, the National Bureau of Statistics said on Tuesday.
President Muhammadu Buhari on Sunday said the federal government will provide relief materials for residents of Lagos and Abuja whom he ordered to stay-at-home as part of measures to curb the spread of the coronavirus.

President Buhari: It’ll be dangerous to go back to fuel subsidy era

President Muhammadu Buhari has warned that it would be economically dangerous for Nigeria to go back to the era of fuel subsidy, citing grave financial cost and a return to the era of long fuel queues as certain results.
Zainab Ahmed

Nigerian government to sustain 2020 budget funding despite GDP contraction – minister

The Federal Government has expressed its determination to continue funding the 2020 budget to ensure that the economy recovers as projected, even as the country’s Gross Domestic Product (GDP) contracted by -6.10 percent in the second quarter of 2020.
Zainab Ahmed

Nigeria’s recession will be short-lived – minister

This came as the Federal Government, yesterday, said despite the N2.3 trillion Economic Stimulus Plan put in place to contain impact of the Coronavirus (COVID-19) pandemic on the economy, there is the possibility that the third quarter, 2020 (Q3’20) Gross Domestic Product, GDP, growth rate will be negative, while the economy will relapse into a recession.

ACCI demands economic policy review, increase private sector partnership

The Abuja Chamber of Commerce and Industry (ACCI), has urged the Federal Government to adjust its policy on business and financial support for private sector during the COVID-19 pandemic to enhance the economy.
Akwa Ibom State Governor Udom Emmanuel says it is unsafe to reopen schools in the state in view of the COVID-19 pandemic.

Governor Emmanuel: No cultist will succeed me in 2023

Akwa Ibom State Governor Udom Emmanuel has vowed never to allow a cultist to succeed him in 2023 so as not to plunge the State back into violence.
Minister of Communications and Digital Economy, Dr. Isa Ali Pantami

NBS: ICT sector contributes 17.83% to nation’s economy

The National Bureau of Statistics (NBS), on Monday released Nigeria’s Gross Domestic Product (GDP), report for in the second quarter of 2020 (Q2 2020), showing 17.83 per cent contribution by the Information, Communication and Technology sector.

Nigeria’s GDP contracts by 6.10 percent in Q2

Nigeria’s Gross Domestic Product (GDP) growth rate contracted by –6.10 per cent (year-on-year) in real terms in the second quarter of the year (Q2 2020), according to the National Bureau of Statistics (NBS).
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Rising inflation: Experts urge central bank to stabilise exchange rate

Financial experts on Tuesday expressed concerns on the country’s rising inflation rate currently at 12.82 per cent, and called for stabilisation of the exchange rate.
The Nigerian National Petroleum Corporation (NNPC) says it is working to crash the price of cooking gas in the country.

NBS: Average cost of 5kg cooking gas decreased to N1,971.34 in July

The average price for the refilling of a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) has decreased to N1,971.34 in July from N1973.95 in June.
Nigeria Naira

NBS: Inflation hits 11 months high to 12.82% in July

Nigeria’s inflation rate rose year-on-year (YoY) by 0.26 percentage point to 12.82 percent in July this year from 12.56 percent in June. This represents the eleventh consecutive monthly rise in inflation rate since October 2019.
Prof. Muhammed Mustapha Akanbi (SAN) of the Faculty of Law, University of Ilorin, has been appointed the Vice-Chancellor, Kwara State University, Malete.

Professor Akanbi: Graduating with first class without job enabling skills makes no sense

Vice Chancellor of Kwara State University, KWASU, Malete, Professor Muhammed Mustapha Akanbi, has said it does not make any sense for Universities to graduate first class students without job enabling skills.
National Bureau of Statistics NBS

NBS: 21.76 million Nigerians unemployed in 2020

The National Bureau of Statistics (NBS) says the total number of unemployed Nigerians is 21,764,617.

Recent Stories

Britain reopens visa application centers in Nigeria

The United Kingdom High Commission has announced that its center’s across the country has reopened.
Nigeria’s Private Sector led Coalition Against COVID-19, CACOVID, yesterday formally announced the flag-off of a nationwide distribution of multi-billion naira food palliative and other relief items to vulnerable Nigerians.

CACOVID: Looted palliatives awaiting distribution

Most of the looted palliatives in warehouses across the nation were awaiting distribution to over 2 million vulnerable households, the private sector-led Coalition Against COVID (CACOVID) has explained.
Two minors and four other suspects were paraded on Monday by police in Ekiti State in connection with arson attacks on three police stations in the State.

#EndSARS: Police parade two minors, four others for arson

Two minors and four other suspects were paraded on Monday by police in Ekiti State in connection with arson attacks on three police stations in the State.

#EndSARS: Ekiti panel receiving petitions ahead of November 2 sitting

The Ekiti State Judicial Panel of Inquiry on the Allegations of Human Rights Violations Against the Police, defunct SARS officers and other Persons has commenced its activities with a call on citizens of the State to start submitting petitions ahead of its November 2 inaugural sitting.
The Lekki Concession Company, LCC, has refuted claims that it removed the CCTV’s at Lekki tollgate few hours before the shooting of protesters on Tuesday.

Britain asks Nigerian government to investigate Lekki shooting, bring culprits to book

The British High Commission in Nigeria has asked the Federal Government of Nigeria led by President Muhammadu Buhari to investigate all killings and incidents associated with the #EndSARS protests.