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Nollywood, the Nigerian movie industry, produced a total of 1,051 films in the first half of 2021 — 18 higher than the 1,033 recorded within the same period last year. The National Bureau of Statistics (NBS) revealed this in its latest report published via its website on Wednesday. According to […]
Nigeria’s gross domestic product (GDP) has attained its strongest growth since fourth quarter 2014 as it increased by 5.01 percent in the second quarter of 2021. This is according to the second-quarter GDP report released by the National Bureau of Statistics (NBS) on Wednesday. This also marks three consecutive quarters […]
According to the CPI/Inflation report released by the National Bureau of Statistics (NBS) on Tuesday, the food inflation stood at 21.79 percent, the highest point since the 2009 data series began.
Nigeria’s unemployment rate hit a new record high at 33.3 per cent in fourth quarter (Q4) 2020 from 27.1 recorded in second quarter (Q2) 2020. A total of 23.18 million persons in Nigeria either did nothing or worked for less than 20 hours a week, making them unemployed during the […]
The National Bureau of Statistics said on Friday that foreign capital flow into Nigeria dropped by more than half in 2020 to $9.68bn, its lowest level in four years. In its capital importation report for the fourth quarter and full-year 2020, the NBS said the total value of capital importation […]
The National Bureau of Statistics says as part of efforts to rebase the country’s gross domestic product (GDP), it has begun the national business sample survey (NBSS). NBS head of public affairs and international relations, Ichedi Sunday Joel, says the agency will rebase the GDP from the 2010 base year […]
The Federal Government generated N454.69bn from Value Added Tax in the fourth quarter of 2020. The National Bureau of Statistics revealed this in its report on ‘Sectoral distribution of Value Added Tax’ for fourth quarter of 2020. Part of the report read, “Sectoral distribution of Value Added Tax data for […]
The number of Internet subscribers in the country increased to 151.51 million subscribers in the third quarter of 2020, the National Bureau of Statistics (NBS) reports. This is compared to the 143.63 million subscribers recorded in the second quarter. According to the NBS report on telecoms data for Q2 and […]
A new report by the National Bureau of Statistics has shown that the consumer price index, which measures inflation, increased to 14.89 percent in November on a year-on-year basis. The report, which was released on Tuesday, also revealed that food inflation hit 18.30 percent; up 0.92 percentage points from the […]
