Tag: National Bureau Of Statistics

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Over 82.9 Million Nigerians Live In Poverty – NBS

Figures published by the National Bureau of Statistics (NBS) says 40.1 per cent of the Nigeria’s population live in poverty. The data highlighted the low levels of wealth in a country that has Africa’s biggest economy.

Nigeria’s inflation rate rises to 11.85% in November 2019

The National Bureau of Statistics (NBS) has said Nigeria’s inflation increased by 11.85 percent in November 2019, gaining 0.24 percent points higher than the rate recorded in October 2019 (11.61) percent.

Banks’ Non-Performing Loans decline by 50.89 per cent- NBS

The National Bureau of Statistics in Abuja on Tuesday, December 3, 2019 disclosed in its banking sector report  that between the third quarter of 2018 and the third quarter of 2019, the Non-Performing Loan portfolio of the banking sector dropped from N2.24tn to N1.1tn.

Nigeria’s GDP grows by 2.28 per cent in Q3 of 2019 —NBS

The National Bureau of Statistics, NBS, on Friday, November 22, 2019 said Nigeria’s Gross Domestic Product increased to 2.28 per cent in real terms in the third quarter of 2019.

3,891 debtors, others owe banks above N1bn each – NBS

The National Bureau of Statistics has revealed that about 3,891 firms and other debtors have taken individual loans above N1bn, totalling N13.19tn of loans in the banking sector.

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