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Tuesday, March 19, 2019

Inflation Climbs to 17.6 % in August 2016

The National Bureau of Statistics (NBS) has said that Consumer Price Index (CPI) which measures inflation has further climbed five notches as it hit...
Mounir Gwarzo Oando Kemi Adeosun

Capital Market Scandal: Oando’s Inquiry by SEC Reveals Breach of ISA Act 2007- Investigations

Capital Market Scandal: Oando’s Inquiry by SEC Reveals Breach of ISA Act 2007- Investigations As the nation awaits the result of the Administrative Panel of...

FAAC Table: The Sharing of N691bn to FG, States, LGCs in July 2016

The Federation Account Allocation Committee (FAAC) shared a total sum of N691bn in the month of July representing allocation for June 2016. Of the...

FSDH Expects Stock To Appreciate, Advises Investors

FSDH Expects Stock To Appreciate, Advises Investors Financial analysts at FSDH Research, an arm of FSDH Merchant Bank Limited, have said the equity market is...

FG kick-starts 2018 Budget preparation

Barely 24 hours after signing the 2017 Appropriation Bill into law, Acting President Yemi Osinbajo, has flagged off preparatory activities for the 2018 Budget...

Federation Account: How They Share N724bn in June, 2011

Gross summary of Statutory Revenue and VAT The Economic Confidential magazine provides here the distribution of a total sum of N724.2 billion being...

Fitch Rates Nigeria’s $300m Diaspora Bond ‘B+(EXP)’

Fitch Ratings has assigned Nigeria’s $300m Diaspora Bond ‘B+(EXP)’ indicating that the relative stability in the foreign exchange market with reversal of the slide...

The New Presidential Advisory Council

The Acting President, Dr. Goodluck Ebele Jonathan, has set up a Presidential Advisory Council to provide alternative inputs into policy formation, promote...

As Stock Market Reverses Gains, Investors Lose N288bn

As Stock Market Reverses Gains, Investors Lose N288bn   Investors in the equities market of the Nigerian Stock Exchange lost N288bn on Wednesday as the stock...

This Year The Nigerian Stocks Have Risen 12%, The Most Globally

This Year The Nigerian Stocks Have Risen 12%, The Most Globally The world-beating rally in Nigerian stocks may not be over yet. The main equity index...

Study Shows Nigeria May Be Major Loser – Oyejide

Study Shows Nigeria May Be Major Loser - Oyejide A professor of Economics at the University of Ibadan and the Chairman, Centre for Trade and...

Investors Lose 14% As Sell Pressure Persists

Investors Lose 14% As Sell Pressure Persists Intense political activities across the country in the third quarter have sustained hold on the nation’s equity market,...
Dr Yemi Kale NBS Statistician General

Capital Importation: Nigeria Records $1.792 billion in Q2 2017

The total value of capital imported into Nigeria in the second quarter of 2017 was estimated to be $1,792.3 million, the National Bureau of...

In 9months, Nigeria Loses A Total N197bn To Gas Flaring

In 9months, Nigeria Loses A Total N197bn To Gas Flaring Oil and gas firms operating in the country flared a total of 215.9 billion standard...

Budget Differential: How They Share N152bn in March 2012

The Economic Confidential provides in the table below the distribution of N152, 745,169,619.59 from Foreign Excess Crude Account being the differential between budget...

Nigeria Imported 95.28 Billion Litres Of Petroleum Products In 4years

Nigeria Imported 95.28 Billion Litres Of Petroleum Products In 4years   Between January 2014 and December 2017, the country imported 95.28 billion litres of petroleum products...

FAAC Distributes N386bn in December

  The Federation Accounts Allocation Committee (FAAC) distributed the sum of N386.9 billion among the three tiers of government in December 2016, being the statutory...

FG, State Borrows N1.16trn From Equity Market

FG, State Borrows N1.16trn From Equity Market To finance its fiscal and infrastructure deficits owing to paucity of funds, the Federal Government had borrowed about...

Nigeria’s Richest States: Lagos Leads in IGR, 15 States Not Viable

… Lagos Generates More IGR than 32 States Combined … Rich States: Lagos, Rivers, Delta, Ogun, Edo …Poor States: Yobe, Zamfara, Ekiti, Borno, Kebbi An investigation by...
NBS National Bureau of Statistics

Inflation Dips to 16.25% – NBS

The Consumer Price Index which measures inflation has dropped from 17.24 per cent in April to 16.25 per cent year-on-year, The National Bureau of...