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Sunday, August 25, 2019

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...

FAAC Table: The Sharing of N426bn to FG, States, LGCs in December 2016

FAAC Table: The Sharing of N426bn to FG, States, LGCs in December 2016 The Federation Account Allocation Committee (FAAC) shared a total sum of N426bn...

30 States Generate N516bn, Spend N1.4trn On Wages

Thirty states of the federation generate a cumulative internal revenue just enough to settle one-third of their workers’ salaries and allowances, Daily Trust investigations...

Equities Shed N54bn As Insurance Stocks Lead Losers

Equities Shed N54bn As Insurance Stocks Lead Losers The Nigerian stock market on Wednesday halted its bullish run to close negative as equities investors lost...

Banks Borrow N52tr From CBN As Liquidity Pressure Intensifies

Banks Borrow N52tr From CBN As Liquidity Pressure Intensifies   BANKS’ borrowing from the Central Bank of Nigeria (CBN) shot up by 80 percent to N52...

Oil Earnings Hit $13.5bn In Q1

Oil Earnings Hit $13.5bn In Q1   Nigeria’s earnings from crude oil and gas, which accounted for 93.3 per cent of total export earnings during the...

Nigeria’s Gas, Oil Export Sale Increases By 36%

Nigeria’s Gas, Oil Export Sale Increases By 36%   The Nigerian National Petroleum Corporation on Thursday announced total crude oil and gas export sale of $416.07m...

Buhari: NBS Data Show We’re Making Progress

Buhari: NBS Data Show We're Making Progress President Muhammadu Buhari says the recent data reeled out by the National Bureau of Statistics show that his...

Stock Market Index Sustains Falling Profile, Down By 0.17%

Stock Market Index Sustains Falling Profile, Down By 0.17% The bears maintained dominance at the equity sector of the Nigerian Stock Exchange (NSE), yesterday, just...
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...

FG To Generate N311bn From Asset Sale, Privatisation

The Federal Government is aiming to generate of N311bn from privatisation of public properties and the sale of national assets next year to partly...

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,...

E-payment Transactions Increased To N32tr In Q1

E-payment Transactions Increased To N32tr In Q1   Value of electronic payments in Nigeria rose by 10 percent to N32.5 trillion in the first quarter of...

Low Savings: 92,925 Retirees Quit Contributory Pension Scheme

Low Savings: 92,925 Retirees Quit Contributory Pension Scheme More retirees are quitting the Contributory Pension Scheme and withdrawing the funds in their Retirement Savings Accounts...

Nigeria’s FDI Inflow To Hit $1.160bn In 2020, Analysts Predict

Nigeria’s FDI Inflow To Hit $1.160bn In 2020, Analysts Predict Foreign capital inflow to Nigeria is expected to reach $724.41 million in 12 months’ time,...

In December, FSDH Anticipates Inflation Rising To 11.28%

In December, FSDH Anticipates Inflation Rising To 11.28% The FSDH Research expects the December 2018 inflation rate (year-on-year) to rise to 11.69 per cent from...