Archives Tag: NBS
How Business Owners Can Cope with the Present Inflation in Nigeria
April 19, 2022
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 22.22 per cent on a year-on-year basis in April 2023. According to the report, the figure is 0.18 per cent points higher compared to the 22.04 per cent recorded in March 2023. It said on a year-on-year basis, the headline inflation … Continue reading How Business Owners Can Cope with the Present Inflation in Nigeria
Micro Small And Medium Enterprises (MSMEs): Know Where You Belong!
April 19, 2022
Several people and businesses have missed opportunities because they were not sure they fit into the category of possible beneficiaries of propositions. To put things in context, let us delve into understanding, contextualising and identifying with the different relevant categorisations of MSMEs for possible opportunities when they arise. Read more about Business The relevance … Continue reading Micro Small And Medium Enterprises (MSMEs): Know Where You Belong!
By funke-medun
The Rise And Rise Of USSD Payment
April 19, 2022
Unstructured Supplementary Service Data (USSD) was initially set up to create another channel for financial inclusion for the underserved; however, the latest figures show it is not relenting in growth. Read more about FinTech The expected trajectory of USSD payments might have been in the line of USSD transactions and payments decreasing as more … Continue reading The Rise And Rise Of USSD Payment
By adedoyin
Did You Know? Nigeria’s Top States and Banks for Foreign Investors
April 19, 2022
Every quarter, the National Bureau of Statistics (NBS) publishes its report on the amount of foreign investment coming into Nigeria. The Nigeria Capital Importation report, as it’s called, provides a glimpse of investment inflows into states, banks, and economic segments in the country. Earlier this year, the NBS put out its Capital Importation Report for … Continue reading Did You Know? Nigeria’s Top States and Banks for Foreign Investors
Did You Know…? Sesame Seeds Are Now Nigeria’s Largest Agricultural Exports
April 19, 2022
Sesame seeds, tiny and trivial to the eyes of many in these parts, are the chief export revenue earner from Nigeria’s farms. The latest report on the country’s international trade by the National Bureau of Statistics (NBS) shows that those little seeds are a giant money spinner for the country. The NBS’s report says that … Continue reading Did You Know…? Sesame Seeds Are Now Nigeria’s Largest Agricultural Exports
These Are Nigeria’s Top Ten Agricultural Exports Right Now
April 19, 2022
As Nigeria tries to shift the weight of its economic dependence away from crude oil and on to more stable and sustainable pillars, agriculture has become an attractive revenue generation option for the private and public sector. The government proclaims and urges, through press releases and policy statements, that the country is taking off on … Continue reading These Are Nigeria’s Top Ten Agricultural Exports Right Now
Here’s A Roundup of the NBS’s Latest GDP Figures (July-September 2017)
April 19, 2022
“Will Nigeria slip back into recession? Q3 2017 report will be published Monday 20th November, at 8:30 AM.” When Dr. Yemi Kale tweeted those words on Saturday, the thoughts of economists and business news buffs momentarily shifted away from the gubernatorial polls being conducted in Anambra State, to the coming update on the state of … Continue reading Here’s A Roundup of the NBS’s Latest GDP Figures (July-September 2017)
Why the NBS’s Latest GDP Report Matters
April 19, 2022
On Tuesday, September 5, the National Bureau of Statistics (NBS) released its Gross Domestic Product (GDP) Report. The document, which is the latest installment of the NBS’s roundups of the state of the economy, is significant for one thing- it announces, in no uncertain terms, that Nigeria has finally emerged from its recession. But that’s … Continue reading Why the NBS’s Latest GDP Report Matters
The NBS’s Report on Nigeria’s GDP for Q3 2016: The Silver Lining You Probably Missed
April 19, 2022
On Monday, the National Bureau of Statistics (NBS) let the public into its summary of Nigeria’s economic performance in the months of July, August and September- the third quarter (Q3) of 2016. Its assessment, grim as it was, didn’t shock most observers- the oil sector shrank by a monumental 22% points, casting a dark shadow … Continue reading The NBS’s Report on Nigeria’s GDP for Q3 2016: The Silver Lining You Probably Missed
