Chinese Loan Rises By $330m In One Year, Now $3.59bn On 15 Projects   Nigeria’s debt to China increased from $3.26bn as of September 30, 2020, to $3.59bn as of September 30, 2021, showing an increase of $330m in one year. This...

Fed Govt Implementing Reforms To Attract More Investments – DMO   The Debt Management Office has said the Federal Government is implementing several reforms to attract more investments into the country. The Director-General, DMO, Ms Patience Oniha, said this during the third...

Investors Record N260bn Weekly Gain As 32 Stocks Rise   Investors in the Nigerian stock market gained N260bn as 32 firms saw their share prices rise at the end of trading last week. The Nigerian Exchange Limited All-Share Index and market capitalisation...

Nigeria Imports N13.7trn Manufactured Goods In Nine Months   Manufactured goods valued at N13.7tn were imported into Nigeria from January to September this year, data from the National Bureau of Statistics show. The country exported N757bn worth of manufactured goods in the...

Fish Import Bills Rise To N500bn In 11 Months   Despite being the largest producer of fish in Africa, Nigeria has spent about N500 billion on fish import in the last 11 months. Findings revealed that the higher cost of imported fish...

Currency In Circulation Hits N3trn In November   The Central Bank of Nigeria (CBN) has disclosed that the currency in circulation grew by 6.2 per cent from N2.97trillion in October to N3.15trillion in November 2021. Currency in circulation hits the historical N3trillion...