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Tag: National Bureau of Statistics (NBS)

NBS: Banking Sector Posted N32.48tn Transactions in Electronic Payment Channels

By Ndubuisi Francis in Abuja A total of 457,226,406 transactions valued at N32.48 trillion were recorded on electronic payment platforms in the Nigeria banking sector...

Inflation Records Marginal Drop in November, Now 15.90%

*Food pressure persists By Ndubuisi Francis in Abuja For the 10th consecutive month, inflation rate continued a downward trajectory, recording a marginal decline from 15.91 per...

In Seventh Consecutive Decline, Inflation Drops to 16.01% in August

By Ndubuisi Francis in Abuja Latest figures released by the National Bureau of Statistics (NBS) indicate that inflation rate dropped further to 16.01 per cent...

Finally, Nigeria Exits Recession, Reports 0.55% GDP Growth in Q2

• Foreign Exchange liquidity may have helped industries to grow   By Obinna Chima  After contracting for five consecutive quarters, the Nigerian economy has finally exited the recession, as data...