Foreign Rice in Nigerian Markets now at 37% -Report The interventions of the Nigerian Customs Service (NCS) through the partial border closure against smuggling and Central Bank of Nigeria (CBN) via the AnchorsBorrowers Programme (ABP) on the rice sub-sector of the Nigerian economy, have drastically...

Airports Recorded 8.5 million Travellers In 6 Months – NBS   The National Bureau of Statistics has said that a total of 8.48 million passengers travelled through Nigerian airports in the first half of 2019. The bureau said this in its air transportation report released on Tuesday...

Petrol Subsidy Now N47.5/litre As Oil Price Hits $67.86   The subsidy on Premium Motor Spirit, popularly known as petrol, has risen to N47.5 per litre as the expected open market price of the commodity hit N180.78 on Monday, latest data from the Petroleum Products Pricing...

FMDQ Records N181.4trn Turnover In 8 Months   FMDQ OTC Securities Exchange recorded a turnover of N181.4tn in eight months. Data obtained from the FMDQ on Monday showed that the exchange recorded N15.08tn turnover in January, N19.18tn in February, and N28.98tn in March. In April, May and June,...

Inflation Rises To 11.85% In November - NBS   The National Bureau of Statistics (NBS) said inflation increased by 11.85 per cent year on year in November 2019. The NBS made this known in ITS Consumer Price Index (CPI) and Inflation report for November released on Tuesday. The...

Insurance Sector Rose By 6.6% In Q3 – NBS   The Nigerian insurance sector grew by 6.69 per cent year-on-year in the third quarter of this year, according to the National Bureau of Statistics. The NBS, in its latest gross domestic product report, said the finance and...