Tag: National Bureau of Statistics

Total Banks’ Credits Rise from N8.6tr in 2010 to N12.9tr in 2015 – NBS

Culled Proshare Wednesday, April 13, 2016 8:25AM /NBS NBS publishes break down of banks credits and deposits by states for 2010-2015. Total bank credits rose from N8.6tr in 2010 to N12.9tn in 2015 while total bank deposits stood at N17.1tn in 2015 from N9.9tn in 2010. Top three states for […]

Nigeria’s Inflation Soars 12.8% in March, Highest since July 2012

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s inflation climbed up 12.8 percent in March (highest since July 2012), dwarfing consensus estimate of 11.8 percent, according to the National Bureau of Statistics (NBS) latest report. Cordros in its report said this month’s Consumer price Index (CPI) exhibited similar strains to that of […]

Nigeria’s Inflation Rises to 11.4% in February 2016

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s inflation rose to 11.4 percent in February 2016, as the Consumer Price Index (CPI) which measures inflation recorded a significant uptick and soaring to a Three-Year High, according to the National Bureau of Statistics (NBS) latest report. Africa’s largest oil producer’s inflation rate […]