Lagos, 3 Others Owe Over Half Of States’ Foreign Debt
Lagos, 3 Others Owe Over Half Of States’ Foreign Debt
Four states of the federation — Lagos, Edo, Kaduna and Cross River — dominate the...
Nigeria Produces 55.85m Tons Of Solid Minerals, NBS Says
Nigeria Produces 55.85m Tons Of Solid Minerals, NBS Says
Nigeria produced a total of 55.85m tonnes of solid minerals in the 2018 fiscal year, data...
Slowdown In Global Economic Growth To Weaken Oil Demand – OPEC
Slowdown In Global Economic Growth To Weaken Oil Demand - OPEC
Organization of the Petroleum Exporting Countries (OPEC), has warned that slowing global economic growth...
Investors Incur N517bn Post-election Trading Loss
Investors Incur N517bn Post-election Trading Loss
Investors in the nation’s stock market lost N517bn in 12 days.
The investors lost N289bn after the presidential and National...
Investors Gear Up For N89bn Treasury Bills Auction
Investors Gear Up For N89bn Treasury Bills Auction
The Central Bank of Nigeria (CBN) will this week auction treasury bills worth N89.50 billion.
A breakdown of...
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...
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...
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...
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...
