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Saturday, September 18, 2021
NBS National Bureau of Statistics

Nigeria’s Trade Recorded N7.2tn Growth In Q1 – NBS

Nigeria’s Trade Recorded N7.2tn Growth In Q1 – NBS   The country recorded an increase of N1.18tn in merchandise trade in the first quarter of this...

Federation Account: How They Share N647 bn in June 2012

  The Economic Confidential magazine provides here the distribution of a total sum of N647 billion being the statutory and VAT allocations shared to...

Major Debtors of Union Bank

JANUARY 2009 UNION BANK  MAJOR DEBTORS AS AT MAY 31, 2009   TRANSNATIONAL CORP.PLC                                      ...

IATA Predicts N109.3bn Loss For Nigeria, Other African Carriers In 2019

IATA Predicts N109.3bn Loss For Nigeria, Other African Carriers In 2019 The International Air Transport Association (IATA) has predicted that Nigeria and other African countries...

FAAC Distributes N420bn In October

The Federation Accounts Allocation Committee (FAAC) distributed the sum of N420 billion among the three tiers of government in October this year, being the...

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...

Stocks Exchanges Collaborate For Growth, Extend Losses

Stocks Exchanges Collaborate For Growth, Extend Losses   The nation’s stock market extended its decline on Monday as 25 companies, led by Ikeja Hotel Plc, recorded...

Dangote Cement, Oando, Others Grow NSE’s Indices By N36 billion

Dangote Cement, Oando, Others Grow NSE’s Indices By N36 billion     Following price gains recorded by major highly capitalized stocks, especially Dangote cement and Oando, transactions...
NBS National Bureau of Statistics

Nigeria Generated N338.94bn VAT In Q1 – NBS

Nigeria Generated N338.94bn VAT In Q1 – NBS     Nigeria generated N338.94bn Value Added Tax in the first quarter 2020, the National Bureau of Statistics disclosed...

Devt Bank Expends N5bn To 3 Micro Finance Banks

The Development Bank of Nigeria (DBN) has commenced lending to eligible Participating Financial Institutions (PFIs) for on-lending to Micro, Small and Medium Enterprises (MSMEs). At...

Remuneration for CJN, Other Judicial Officers hit N33.47bn

The Chief Justice of Nigeria(CJN), federal judicial officers and State Judicial officers have in the last one year guzzled the sum of N33.47 billion...

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...
Dr Yemi Kale NBS Statistician General

Banks’ Credit To Economy Decreased By N136bn – NBS

Banks’ Credit To Economy Decreased By N136bn – NBS   The total credit from banks to the economy recorded a decline of N135.8bn from N15.74tn at...

Assessing Nigeria’s Benefits From Oil Price Rally

Assessing Nigeria’s Benefits From Oil Price Rally   While the recent appreciation in crude oil price has provided Nigeria an opportunity to earn more revenue from...

Yobe Proposes N91.6bn Budget For 2019 Fiscal Year

Yobe Proposes N91.6bn Budget For 2019 Fiscal Year   Yobe State Governor, Ibrahim Gaidam, has announced N91,647,597,000 as the total amount of money projected to be...

FRC: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480%

FRC: Lagos, Osun, Cross River’s Debts Exceed Revenues By Over 480%   The debt status of most states of the federation exceeds 50 per cent of...
Godwin Emefiele CBN Governor

CBN to Partner Microfinance Banks on Housing Deficit

Worried by the housing deficit facing the nation, the Central Bank of Nigeria (CBN) is planning to strengthen financial capacity of some microfinance banks...
Dr-Maikanti-Baru-NNPC

NNPC Records $471.90m Oil Export Revenue

The Nigerian National Petroleum Corporation (NNPC) has recorded more than 100 per cent increase in export revenue of $471.90 million for the month of...

9.45 million Nigerians In 35 States Are Poor – NASSCO

9.45 million Nigerians In 35 States Are Poor – NASSCO   A total of 9.45 million Nigerians in 35 states of the federation are poor, statistics...

FAAC Distributes N693.0bn For January 2015

The Federation Account Allocation Committee (FAAC) shared a total sum of six hundred and ninety three billion, eight hundred and eighty two million, one...