The National Bureau of Statistics (NBS) has revealed that the Nigeria Banking sector recorded 910,186,115 transactions valued at N65.16 trillion in 2016. The bureau in its selected Banking Sector Data for the fourth quarter noted that Automated Teller Machine (ATM) transactions dominated the volume of transactions with a recorded of 590, 238, 934 of […]
The National Bureau of Statistics (NBS) has disclosed that about 89 percent of the Nigerian workforce is not registered to receive pension. According to a recent report released by the NBS, the Retirement Savings Account (RSA) membership distribution data for Q4 2016 showed that 7,348,028 workers were registered under the contributory pension scheme from a […]
The National Bureau of Statistics (NBS) is to release no fewer than 162 reports on different sectors of the economy this year. According to the 2017 tentative data release calendar posted on the bureau’s website yesterday in Abuja, the NBS is expected to release 34 data in the first quarter. According to the calendar, the […]
The National Bureau of Statistics (NBS) latest economic report has said that the oil sector contributed 8.19 percent of total real GDP in the 3rd quarter of 2016. The sector’s 8.19 percent is down from figures recorded in the corresponding period of 2015 and the preceding quarter of 2016 recorded at 10.27 percent (2nd quarter) […]
It is an issue of serious concern that in Nigeria so far, economic policies have not translated into commensurate and improved social outcomes, especially for the over 60 million young people who make up majority of the population. Joy Ekeke writes. Africa is regarded as the most ‘youthful’ continent in the world. According to […]