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 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...

In Two Days, Stock Market Investors Lose N170bn Over Poll Results The nation’s stock market recorded sustained losses totalling N170bn in two days, following the announcement of the results of the presidential election. Investors lost N84.4bn on Tuesday and N85.6bn on Wednesday, erasing the gains recorded...

N464bn Treasury, OMO bills To Grow This Week   Treasury Bills and Open Market Operations bills worth N464bn will mature this week. The Central Bank of Nigeria is expected to conduct a Primary Market Auction on Wednesday where a total of N115.1bn across the 91-day (N23.4bn), 182-day...

FG Recorded N3.4tn Fiscal Deficit Last Year Between January and December last year, the Federal Government recorded a fiscal deficit of N3.4tn in its operations, figures obtained from the Central Bank of Nigeria have revealed. The 2018 budget, signed by President Muhammadu Buhari on June 20...

Banks Loan To Private Sector Declined By N455bn, NBS Reports The total credit from banks to the economy recorded a decline of N455bn from N15.58tn as of the end of the third quarter of last year to N15.1tn in the fourth quarter. This is contained in...