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...

Investors Gain N80bn As Stock Market Rebounds The stock market witnessed a rebound on Tuesday as the investors gained N80bn. The market capitalisation of equities listed on the floor of the Nigerian Stock Exchange increased from N12.004tn on Monday to N12.084tn on Tuesday, while the All...

PenCom Says Only 12% Of Workers Contribute To Pension Scheme   Out of the over 70 million people that represent the working population in Nigeria, only 8.41 million of them are currently making contributions into the Contributory Pension Scheme. The 8.41 million contributors, according to figures obtained...

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...