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 to N2.329tn, compared with the growth of 1.4 per cent at the end of September 2018, the Central Bank of...

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 data from the Central Bank of Nigeria showed on Sunday. The reserves, which stood at $43.174bn on January 31, dropped by...

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 per cent against the growth of 3.45 per cent recorded in 2017. Recent Gross Domestic Product report from the National Bureau...

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 a total investment of $16.81bn during the period. The bureau in the report stated that the investment inflow of $16.81bn for...

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 one year as it took a beating from uncertainty around the forthcoming elections and interest rate hikes in the United...

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 debt and foreign debt as experts claim that the cost of debt servicing is crowding out public debt expenses Servicing of...