Rate Hikes Shrinking Real Estate Investments, Says IMF   Tighter financial conditions, such as interest rate hikes have affected commercial property prices by making it more expensive for investors to finance new deals or refinance existing loans, a new report by...

Aviation Sector Leads With N117bn Contribution To GDP In H1, 2022 - NBS   The aviation sector has contributed more to the Nigerian economy in the first half of 2022 with at least N117.3 billion, said the National Bureau of Statistics...

Forex Pressure, High External Reserve Remains As MPC Meets Monday, Tuesday   As the Monetary Policy Committee (MPC) meets Monday and Tuesday, there are posers over a relief for the weakening naira or the speedy inflationary rise, which has prevailed despite...

Fed Govt’s Deficit Rises By 128% To N3.6trn   The fiscal operations of the Federal Government in the first quarter of 2022, Q1’22, has yielded a massive deficit of N3.55 trillion as revenue fall far below budget estimates. This is contained in...

FG, States, LGAs Share N673.137bn As August Revenue Declines By N280bn   The revenue shared in August by the three tiers of government dropped by 280.948 billion as the federal, state and Local Government Councils (LGCs) shared N673.137bn. They had shared N954.085bn...

Foreign Investors Deepen Interest For Nigerian Stocks   Foreign portfolio investors’ appetite for Nigerian equities is increasing with more transactions on the purchase side than sell side. The latest foreign portfolio investment (FPI) report showed that FPI inflows outweighed outflows by 27...