Tag: National Bureau of Statistics

Nigeria’s GDP Grew by 6.99% in Q4 2012

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Gross Domestic Product (GDP) grew by 6.99 percent (6.99%) in the Fourth Quarter (Q4) of year 2012. This is contained in the Revised 2011 Estimates for First to Fourth Quarter of year 2012’s GDP for Nigeria from the Presidency as prepared by the National […]

Trade to drop by 15% in 2013 — FG

The past one year has been tough for businesspeople in Nigeria and the unpleasant situation may not abate before the end of the year, according to the latest report from the National Bureau of Statistics. The NBS reported that the country’s merchandise trade declined by 11.03 per cent from N29.069tn […]

Inflation Drops to 9% as NBS Forecasts 6.75% GDP Growth

Nigeria’s composite Consumer Price Index (CPI) which measures the rate of inflation dropped by 300 basis points to nine per cent year-on-year in January from 12 per cent in December 2012. The National Bureau of Statistics (NBS), which revealed this Monday also projected a real gross domestic product (GDP) growth […]