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Tuesday, March 19, 2019

Nigeria Recorded N32trn Trade Last Year, By NBS

Nigeria Recorded N32trn Trade Last Year, By NBS The Nigerian economy recorded a total of N32trn trade in the 2018 fiscal period, figures obtained from...

FRC: Debts Exceed Statutory Revenues In 32 States

FRC: Debts Exceed Statutory Revenues In 32 States The consolidated debts of 32 states of the federation exceeded their gross statutory revenues in 2017, a...

In Two Days, Stock Market Investors Lose N170bn Over Poll Results

In Two Days, Stock Market Investors Lose N170bn Over Poll Results The nation’s stock market recorded sustained losses totalling N170bn in two days, following the...
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N464bn Treasury, OMO bills To Grow This Week

N464bn Treasury, OMO bills To Grow This Week   Treasury Bills and Open Market Operations bills worth N464bn will mature this week. The Central Bank of Nigeria...

FG Recorded N3.4tn Fiscal Deficit Last Year

FG Recorded N3.4tn Fiscal Deficit Last Year Between January and December last year, the Federal Government recorded a fiscal deficit of N3.4tn in its operations,...

Banks Loan To Private Sector Declined By N455bn, NBS Reports

Banks Loan To Private Sector Declined By N455bn, NBS Reports The total credit from banks to the economy recorded a decline of N455bn from N15.58tn...

Investors Gain N80bn As Stock Market Rebounds

Investors Gain N80bn As Stock Market Rebounds The stock market witnessed a rebound on Tuesday as the investors gained N80bn. The market capitalisation of equities listed...

PenCom Says Only 12% Of Workers Contribute To Pension Scheme

PenCom Says Only 12% Of Workers Contribute To Pension Scheme   Out of the over 70 million people that represent the working population in Nigeria, only...
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Increased Deposits At CBN Raises Currency In Circulation To N2.329tn

Increased Deposits At CBN Raises Currency In Circulation To N2.329tn The currency in circulation at the end of December 2018 rose by 20.9 per cent...

Foreign Reserves Fall To $42.86bn, Lowest In 2months

Foreign Reserves Fall To $42.86bn, Lowest In 2months The nation’s foreign exchange reserves have fallen to $42.86bn, the lowest level in two months, the latest...

Agriculture Declined By 1.33% In 2018, Says NBS

Agriculture Declined By 1.33% In 2018, Says NBS The agriculture sector experienced a decline of 1.33 per cent in 2018, recording an increase of 2.12...
Dr Yemi Kale NBS Statistician General

Investment Inflow Rose By $4.5bn In 2018 –NBS

Investment Inflow Rose By $4.5bn In 2018 –NBS The National Bureau of Statistics(NBS) has released the Capital Importation report for 2018 with the economy attracting...

As Stock Investors Lose N4.3trn, Analysts Expect Rally After Election

As Stock Investors Lose N4.3trn, Analysts Expect Rally After Election   Investors in the nation’s stock market have lost a total of N4.30tn in just over...

To Service Debt For 39 Months, Nigeria Spends N5.468tn

To Service Debt For 39 Months, Nigeria Spends N5.468tn Reports shows that in 39 months, the country spent a total of N5.468tn on servicing domestic...

Insurance Sector Records 35.7% Growth In A Decade

Insurance Sector Records 35.7% Growth In A Decade   The insurance sector has in the past ten years achieved an average growth rate of 35.7% in...

Financial Statements: 38 Firms Get N429.5m NSE Fines

Financial Statements: 38 Firms Get N429.5m NSE Fines   The Nigerian Stock Exchange imposed a total of N429.5m in fines on companies that failed to file...

In January, Stock Market Investors Lost N326m

In January, Stock Market Investors Lost N326m   Investors in the nation’s stock market lost a total of N326bn in January as bearish sentiment persisted. The equities...

Report Says “CBN Recorded $40.9bn Forex Inflow In 9months”

Report Says "CBN Recorded $40.9bn Forex Inflow In 9months"   Between January and September last year, a total foreign exchange inflow of $40.93bn was recorded by...

Stock Market Sheds N102bn, Ends Gaining Streak

Stock Market Sheds N102bn, Ends Gaining Streak The nation’s stock market reversed its gaining streak on Monday on the back of weaker tech, industrial and...

IMF Predicts Slower Economic Growth In 2019, As GDP Drops To 2%

IMF Predicts Slower Economic Growth In 2019, As GDP Drops To 2% Against the backdrop of the recent drop in global crude oil prices, the...