Nigeria’s economy has entered a negative growth as confirmed in a new report released by the National Bureau of Statistics (NBS) on Monday August 24.
Nigeria has recorded its highest inflation rate in 26 months as confirmed by the National Bureau of Statistics (NBS) on Friday July 17.
The Consumer Price Index (CPI), which measures inflation, increased to 12.20 per cent (year-on-year) in February compared to 12.13 per cent in the preceding month, according to the National Bureau of Statistics (NBS).
The National Bureau of Statistics on Monday released the Gross Domestic Product report for the 2019 fiscal year with the economy growing by 2.27 per cent in 2019.
The banking sector recorded 800,201,498 volume of transactions valued at N42.76tn within the third quarter of this year.
The country earned a total of N275.12 billion from Value Added Tax in the third quarter of this year, figures released by the National Bureau of Statistics have revealed.
The National Bureau of Statistics on Monday said the investment inflows into Nigeria declined by $460m from $5.82bn in the second quarter of this year to $5.36bn in the third quarter.
The Nigerian economy recorded a decline of $3.2bn in investment inflow from $8.48bn in the first quarter of this year to $5.82bn in the second quarter.
The National Bureau of Statistics (NBS) has put the number of jobs created by Micro, Small and Medium Enterprises (MSMEs) at 59,647,954, as of December 2017.
National Bureau of Statistics (NBS) said that Nigeria’s total Capital Importaion in the first Quarter of 2019 rose by 34.6 percent year-on-year to $8.5 billion.