NBS
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People & Money
Early Harvest Pushes Down Food inflation
The National Bureau of Statistics (NBS) on Wednesday published the August Inflation data that revealed inflation rose by 17.01% y/y,…
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People & Money
The significance of the second quarter GDP numbers
…whichever your preferred cause, “generally slower pace of economic activities at the start of the year”, or “seasonality”, the significance…
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People & Money
VAT Earnings Jump 29 percent in Q3 2020
Nigeria generated N424.71 billion in value added tax for third quarter 2020 (Q3 2020), a report by the nation’s statistics…
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People & Money
Food Inflation Lowest In Ondo State – Nigeria Bureau of Statistics
“In September 2020, food inflation on a year on year basis was highest in Zamfara (20.94%), Kogi (19.06%) and Plateau/Yobe(18.90%),while…
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People & Money
Lagos State Accounts for 79% of Credits Booked Nationwide – NBS
Lagos State recorded a total of N14.92 trillion in credit, accounting for 78.94% of geographically distributed credit in Q2 2020.…
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People & Money
Nigerian States Generate N612bn in First Half 2020
The 36 Nigerian states and the FCT generated a total of N612.87 billion in the first half of 2020, according…
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People & Money
Non-Performing Loans Climb by N50bn in 2 Months Over Credit Growth
The value of the non-performing loans of banks leapt to N1.17 trillion in August, N50 billion or 4.64% higher…
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People & Money
FGN, States and LGAs Shared N698bn Revenue in July – NBS
Income of N696.18 billion was shared among the Federal Government, states and local government areas in July from the revenue…
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Uncategorized
Nigerian Manufacturers Groan As Unsold Inventory Rises Amid Forex Shortage
Manufacturing companies in Nigeria are having a difficult time as their inventory of unsold goods has skyrocketed amid foreign currency…
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