Posts Tagged ‘Nigeria Bureau of Statisitcs’

Nigeria Economy Finally in Recession

by Breaking Timeson May 23, 2016
Nigeria may already be in recession as growth in Africa’s largest economy contracted in the first quarter of the year, the first time since 2004. Gross Domestic Product (GDP) declined by 0.36 percent from a year earlier, the Abuja-based National Bureau of Statistics (NBS) revealed Friday, compared with growth of 2.11 percent in the previous […]

Nigeria’s GDP Crashes to 25-year Low

by Breaking Timeson May 21, 2016
Nigeria’s gross domestic product (GDP), which measures the worth of economic activities, crashed to its lowest since 1991 in the first quarter of 2016. According to the GDP report released by the Nigerian Bureau of Statistics on Friday, the country’s economy crashed to a 25-year low of -0.36 percent GDP growth rate. NBS says Q1 GDP […]

Nigerians Bought Petrol for N163 in April – NBS

by Breaking Timeson May 16, 2016
Premium Motor Spirit (PMS) sold for an average of N163 per litre in April, 2016, the Nigerian Bureau of Statistics (NBS) has revealed. Though the official price for petrol was N86.50 per litre during the month, the bureau said Nigerians actually bought the product for N162.82. In its petrol price watch report for April, NBS […]

NBS Plans Survey on Different forms of Corruption In 33,000 Households

by Breaking Timeson May 15, 2016
The National Bureau of Statistics plans to survey about 33,000 households across the federation to collect evidence-based data on the different forms of corruption affecting the daily life of the average Nigerian citizen.  According to the Statistician-General for the Federation, Dr. Yemi Kale, the agency is collaborating with the United Nations Office on Drugs and […]