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Facts & Figures

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 released by the National Bureau of Statistics have revealed. The NBS, in its mining and quarrying data report, which was released...

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 would weaken oil demand for 2019, providing support to calls by some of the bloc’s members to extend price-bolstering crude...

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 Assembly elections, and N228bn in two days after the governorship and House of Assembly polls. Losses on the Nigerian Stock Exchange...

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 the debt instrument to be sold by the regulator includes 91-day bills worth N5 billion; 182-day bills worth N14 billion...

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 the National Bureau of Statistics have revealed. The amount is contained in the fourth quarter foreign trade statistics report, which was...

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 report of the Fiscal Responsibility Commission has shown. As of December 2017, the 36 states of the federation had total public...