23 C
Abuja
Friday, December 6, 2019

Fixed Income, Currency Markets Transactions Gain 51% Rise To N29trn

Fixed Income, Currency Markets Transactions Gain 51% Rise To N29trn More investors are turning to the fixed income and currency (FIC) markets as the market...

MPC Maintains Status Quo As Investors Lose N93 Billion

MPC Maintains Status Quo As Investors Lose N93 Billion   •Analysts call for caution on investment decisions The decision by the Central Bank of Nigeria’s (CBN) Monetary...

Nigerians Fear Weaker Economy From Rising Inflation – CBN Report

Nigerians Fear Weaker Economy From Rising Inflation - CBN Report Respondents in a survey carried out by the Central Bank of Nigeria’s Statistics Department in...

Foreign Transactions Increased By 58% In One Month

Foreign Transactions  Increased By 58% In One Month   Foreign portfolio investors’ transactions on the Nigerian Stock Exchange rose by 58.87 per cent in March from...

FAAC Table: The Sharing of N514bn to FG, States, LGCs in February 2017

FAAC Table: The Sharing of N514bn to FG, States, LGCs in February 2017 The Federation Account Allocation Committee (FAAC) shared a total sum of N514bn...

Average T-bills Yield Settles At 14.64%

Average T-bills Yield Settles At 14.64% Bearish sentiments characterised the secondary market for Treasury bills on Tuesday, as the yield on all tenors advanced. The yields...

Nigeria’s External Debt Rises By $11.77bn In 3 Years Of Buhari Administration

Nigeria’s External Debt Rises By $11.77bn In 3 Years Of Buhari Administration Nigeria’s external debt commitment rose by $11.77bn in the last three years of...

Market Capitalisation Drops By N458bn In 19days

Market Capitalisation Drops By N458bn In 19days The market capitalisation of equities listed on the Nigerian Stock Exchange declined by N458bn within 19 days of...

NBS Names India As Nigeria’s Biggest Trading Partner In Q3 ‘ 2018

NBS Names India As Nigeria's Biggest Trading Partner In Q3 ' 2018 India was Nigeria’s biggest trading partner in the third quarter of 2018, gulping...

Federation Account: Table of Allocation of N311bn in June 2016

Federation Account: Table of Allocation of N311bn Disbursed in June 2016 A total sum of N311bn was disbursed to Federal, States and Local Government Councils...

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...

Oil Sector Loses 754,000bpd To Pipeline Vandalism – NNPC

Oil Sector Loses 754,000bpd To Pipeline Vandalism - NNPC   Nigeria’s oil sector is estimated to have lost over 754,000 barrels per day (bpd) in February,...

Amidst Persistent Bear Run, Equities Trading Volume Surges 337%

Amidst Persistent Bear Run, Equities Trading Volume Surges 337% The volume of trading surged at the stock market Thursday boosted by huge transaction in the...

Despite Rates Decline, Treasury Bills Still Attractive

Despite Rates Decline, Treasury Bills  Still Attractive   Although yields at the Treasury bills space have been on the decline since the start of the year,...

FAAC Shares N630.732Bn in July

Good times may just be here for beneficiaries of the federation account as there was relative increase in the distributable revenue for the month...

Federation Account: Table of Allocation of N345bn Disbursed in March 2016

Federation Account: Tables of Allocation of N345bn Disbursed in March 2016 A Total sum of N345bn was disbursed to Federal, States and Local Government Councils...
NBS National Bureau of Statistics

Diesel, Cooking Gas Prices Rose In July, Says NBS

Diesel, Cooking Gas Prices Rose In July, Says NBS   The average prices of diesel and Liquefied Petroleum Gas, also known as cooking gas, rose last...

FAAC Distributes N370.8bn for November 2015

Yusuf An-Nuphawi The Federation Account Allocation Committee shared the sum of N369.882bn (three hundred and sixty-nine billion, eight hundred and eighty-two million naira) among the...

GTBank, Unilever, Stanbic IBTC Drive stocks’ Rebound

GTBank, Unilever, Stanbic IBTC Drive stocks’ Rebound   The Nigerian equities market returned to a N50bn gain on Thursday, spurred by upticks in Guaranty Trust Bank...
IMF

IMF Predicts High Inflation for Nigeria

The International Monetary Fund (IMF) has predicted that inflation in Nigeria would remain high at two-digit levels in 2018. The IMF said this would reflect...