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Facts & Figures

2018 Annual States Viability Index ASVI: 36 States Generate N1.1tr IGR Against N4.5trn from Federation Account

2018 Annual States Viability Index ASVI: 36 States Generate N1.1tr IGR Against N4.5trn from Federation Account … Lagos Generates More IGR than 30 States Combined …. Economic Viable States: Lagos, Ogun, Rivers, Kwara, Enugu States … Poor IGR States: Kebbi, Yobe, Katsina, Bayelsa, Ebonyi States The...

Edo, Kano Plateau Lead in NDLEA Drug Seizures in 2018

Edo, Kano Plateau Lead in NDLEA Drug Seizures in 2018 Edo in South-South, Kano in North West and Plateau in North Central Nigeria are leading in drug seizures and arrests statistics by the National Drug Law Enforcement Agency (NDLEA), Economic Confidential can report. Data available to...

Mega FAAC Allocations: How FG, States, LGcs Shared N8tr in 2018

Mega Federal Account Allocations: How FG, States, LGcs Shared N8tr in 2018 ... FG Got N3.4tr, States/LGs N4.5tr ... Richest: Delta N285bn, Lagos N260bn, Kano N188bn  ... Poorest: Kwara N81bn, Ebonyi, Gombe N76bn each A new report by the Economic Confidential has disclosed that the Federal Government,...

As Stock Market Rises Further, Investors Gain N84bn

As Stock Market Rises Further, Investors Gain N84bn Investors in the country’s stock market gained N84bn on Wednesday’s trading session as the market capitalisation of equities listed on the Nigerian Stock Exchange increased to N11.257tn from N11.173tn recorded on Tuesday. The All Share Index increased by...

Fixed Income, Currency Markets Transactions Gain 51% Rise To N29trn

Fixed Income, Currency Markets Transactions Gain 51% Rise To N29trn More investors are turning to the fixed income and currency (FIC) markets as the market recorded a jump of 51%  in the value of investment in the month of March. The market, which is run by...

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 list of sub-national governments indebted to foreign bodies, statistics obtained from the Debt Management Office, has shown. Analysis of the DMO...