Nigeria Foreign Capital Shrink By 78% In Q2
By Olamilekan Alani Foreign capital flows into Nigeria fell by 78 per cent to $1.29bn in the second quarter of this year from $5.85bn in Q1, the National Bureau of…
Nigeria’s Economy Drops By 6.10% In Three Years
By Olamilekan Alani The National Bureau of Statistics, in its GDP report for Q2 2020, said on Monday that the decline was largely attributable to significantly lower levels of both…
Inflation Rate Rises To 12.40% In May- NBS
National Bureau of Statistics Inflation rate rose by 12.40 percent in May 2020, up by 0.06 percent points higher than the 12.34 percent recorded in April 2020. The consumer price…
Lagos Still Retain Its Position As The Nation Economic Capital -Report
Lagos State has retained its place as Nigeria’s economic capital, generating N398.7bn in 2019 alone. The sum is the equivalent of the combined internally generated revenue by 26 states of…
Nigeria’s GDP Now 2.28 Per Cent —NBS
The nation’s Gross Domestic Product increased to 2.28 per cent in real terms in the third quarter of this year, the National Bureau of Statistics said on Friday. The NBS,…
Inflation Dropped by 11.26% in October – NBS
Inflation rate dropped by 11.26 percent in October 2018, being 0.02 percent points lower than the 11.28 percent recorded in September 2018. The Consumer Index Report, which measures inflation, released…
