Amidst virulent anger from Nigerians on social media, the National Bureau of Statistics (NBS) has been explaining the strange, new formula it used to arrive at the unemployment rate of …
NBS
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Nigeria’s headline inflation rate for the month of April 2023, has risen 0.18% above that of March 2023 to 22.22%, figures released by the National Bureau of Statistics (NBS) on…
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Worrying stats: 133 Nigerians are multidimensionally poo Of the 210 persons in Nigeria, a staggering 133 of them are poor – albeit multi-dimensionally. Meaning they are poor, according to the…
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Value Added Tax (VAT) increased by N41.7 billion to N496.39 billion in Quarter One of 2021 as against N454.69 billion generated in Quarter Four of 2020 and N324.58 billion generated in Q1…
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The National Bureau of Statistics (NBS), has disclosed that the nation’s inflationary trend for the month of March increased by 0.82 per cent to 18.17 per cent from 17.33 per cent recorded…
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BusinessPolitics
Inflation, unemployment statistics from NBS sobering; PDP says it is all about lying by APC
by editorby editorThe statistics from the National Bureau of Statistics (NBS) are not for the tender-hearted. Inflation is on an upward swing, obvious in the price of goods in the open market,…
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BusinessNews
Nigeria proves IMF, World Bank wrong, beats recession in Q4 of 2020
by editorby editorEven the International Monetary Fund and World Bank thought it was not possible until 2021, but the good news is that Nigeria is out of her worst recession in 40…
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BusinessNews
Hardship: Up go food prices as fear of fuel price increase to N172 per litre lingers
by editorby editorFood prices are on an upward climb, according to what the open markets are saying and what the National Bureau of Statistics (NBS) said on Tuesday. NBS says revealed that…
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BusinessNews
Like losing a loved one, Atiku says he received news of Nigeria’s worst recession since IBB years with a heavy heart
by editorby editor▪︎ offers way out When it rains, it surely pours for Nigeria, economically. Now, for the second time in four years, Nigeria has slipped into recession – the worst in…
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This National Bureau of Statistics (NBS) Friday revealed that Nigeria’s unemployment rate has increased to 27.1 percent in the second quarter of 2020. “The unemployment rate during the reference period,…