Nigeria’s unemployment rate worsened from 16.2 percent in the second quarter of 2017 to 18.8 percent in the third quarter of the year, the National Bureau of Statistics said on Friday. The NBS said the number of people within the labour force who were unemployed increased from 13.6 million in the second quarter of the […]
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The National Bureau of Statistics (NBS) says that N246.30 billion was generated as Value Added Tax (VAT) in the second quarter of the year. The bureau gave the figure in its `Sectoral Distribution of Value Added Tax’’ for the Second Quarter released on Friday in Abuja. It stated that the value generated in the quarter was […]
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The Peoples Democratic Party (PDP) has reacted to the news that Nigeria has exited recession, saying there is nothing to celebrate until the “harsh living conditions” have improved. On Tuesday, the National Bureau of Statistics (NBS) announced that the country’s economy grew by 0.55% after five negative outlooks. But in a statement on Wednesday, Dayo […]
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Former Vice-President of Nigeria, Atiku Abubakar says recession cannot be said to have ended until all Nigerians can eat three square meals. He made the claim above in reaction to the news that Nigeria had exited recession. Recall that the National Bureau of Statistics (NBS), on Tuesday announced that the country’s economy grew by 0.55% […]
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The National Bureau of Statistics (NBS), on Tuesday declared that Africa’s largest economy has officially exited recession. The Bureau who declared Nigeria’s worst recession in 29 years, said the west African country grew by 0.55 percent in GDP terms for Q2 2017. According to the Nigerian Gross Domestic Product report released by NBS on Monday, […]
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The National Bureau of Statistics (NBS) says the country’s inflation as measured by Consumer Price Index (CPI), further dropped to 16.05 per cent in July from 16.10 per cent in June. The NBS disclosed this in its CPI July 2017 report released on Monday in Abuja. The report stated that it again reduced to 16.05 […]
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The National Bureau of Statistics (NBS) in its National Corruption Report released on Wednesday, disclosed that government officials received an estimated N400bn in bribes within a year. A survey carried out in collaboration with the UN office on drugs and crime showed that 32.3 per cent of Nigerian adults paid bribes to public officials between June 2015 and May […]
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No fewer than 2, 673 people died in road accidents in Nigeria between January and June, according to National Bureau of Statistics, NBS. This implies an average of 15 people died each day in the first six months of 2017 in road accidents across the country. The NBS Road Transport Data for first and second […]
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