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Saturday, May 18, 2019

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...

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...
NBS National Bureau of Statistics

Manufacturing Sector Tops In N273bn VAT Generated In Q3’2018, Says NBS

Manufacturing Sector Tops In N273bn VAT Generated In Q3'2018, Says NBS The manufacturing sector had the highest contribution to the Value Added Tax generated in...

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...

Nigeria To Run Out Of Oil In 52 Years, Says DPR

Nigeria To Run Out Of Oil In 52 Years, Says DPR If new crude oil discoveries are not made to add to Nigeria’s current reserves...
electricity

As Electricity Supply Improves, Manufacturers Spend N43bn On Alternative Energy Source

As Electricity Supply Improves, Manufacturers Spend N43bn On Alternative Energy Source With electricity supply, particularly from the distribution companies remaining at an average of nine...

Customs Impound 238,094 Bags Of Rice In 11months

Customs Impound 238,094 Bags Of Rice In 11months The Nigeria Customs Service has said that it seized 238,094(50kg) bags of rice across Nigeria from January...

Merger: As Investors React, Diamond, Access Bank Share Prices Rise

Merger: As Investors React, Diamond, Access Bank Share Prices Rise The share prices of Diamond Bank Plc and Access Bank Plc increased by 9.47 per...

On Forex,CBN Spends $11bn This Year

On Forex,CBN Spends $11bn This Year The Central Bank of Nigeria (CBN) has spent $11bn in foreign exchange interventions in the various segments of the...

Nigeria’s export earnings up by 2.8%.

Nigeria’s export earnings up by 2.8%. Africa’s largest economy, Nigeria is said to have earned $16.2 billion, a 2.8% increase in export earnings in the...

Non-performing Banks’ Loan Rise To N2.24trn

Non-performing Banks' Loan Rise To N2.24trn Nigerian bank’s non-performing loans stood at N2.245tn as of the end of September 2018, according to the National Bureau...

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...

NSE: Manufacturing, Oil Firms Boost Market Performance By N43.82bn

NSE: Manufacturing, Oil Firms Boost Market Performance By N43.82bn Manufacturing and oil companies boosted market performance on Tuesday as the market capitalisation of equities listed...
NBS National Bureau of Statistics

Q3 2018 Capital Importation Value Stood at $2.855bn

Q3 2018 Capital Importation Value Stood at $2.855bn The total value of capital importation into Nigeria stood at $2,855.21 million in the third quarter of...
NBS National Bureau of Statistics

Non-Oil Sector Boosts GDP Rise To 1.81% In Q3

Non-Oil Sector Boosts GDP Rise To 1.81% In Q3 Nigeria’s Gross Domestic Product (GDP) growth rate increased to 1.81% (year-on-year) in real terms in the...

GDP growth to sustain upward trend into Q4’18, Q1’19

GDP growth to sustain upward trend into Q4’18, Q1’19 Despite the persisting electioneering tension in Nigeria, the Gross Domestic Product, GDP, growth will be sustained...

Report Forecasts Growth For Nigeria, Others In 2019

Report Forecasts Growth For Nigeria, Others In 2019 A recent report by the African Development Bank (AfDB) has predicted growth in 2019 for African economies. According...
cbn

FG records 38.4% Revenue Shortfall in October – CBN

FG records 38.4% Revenue Shortfall in October – CBN The Federal Government’s collected revenue fell by 38.4 per cent in October, and it recorded a...
cbn

As Interbank Market Gets $541m, Reserves Rebound To N42bn

As Interbank Market Gets $541m, Reserves Rebound To N42bn   The nation’s foreign exchange reserves, at the weekend, halted a four-month decline, adding $477 million, accumulated...
FG

FG Records N1.1tn 8months Deficit In 2018 Budget

FG Records N1.1tn 8months Deficit In 2018 Budget   Between January and August, the Federal Government recorded a fiscal deficit of N1.14tn in its operations, figures...