Tag: NBS

Nigeria records N1.8tn trade balance deficit in Q2 – NBS

Nigeria recorded a trade balance deficit of N1.8 trillion at the end of the second quarter, making the third consecutive quarter of negative trade balance. The National Bureau of Statistics…

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Nigeria’s Economy Contracts by 6.10% in Q2

The country’s Gross Domestic Product (GDP) growth rate contracted by –6.10 per cent (year-on-year) in real terms in the second quarter of the year (Q2 2020), according to the National…

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Unemployment Rate Rises to 27.1%

Nigeria’s unemployment rate increased to 27.1 per cent in the second quarter of the year (Q2 2020), compared to 23.1 per cent recorded in Q3 2018, according to the National…

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Q1 petrol imports rise to 5.32 billion litres

  The volume of petrol imported into the country in the first three months of the year rose by 9.24 per cent, compared to the same period in 2019, the…

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