NSE: Manufacturing, Oil Firms Boost Market Performance By N43.82bn Manufacturing and oil companies boosted market performance on Tuesday as the market capitalisation of equities listed on the Nigerian Stock Exchange increased by N43.82bn. The market capitalisation, which stood at N11.176 on Monday, increased to N11.220tn at...

Q3 2018 Capital Importation Value Stood at $2.855bn The total value of capital importation into Nigeria stood at $2,855.21 million in the third quarter of 2018. This was a decrease of 48.21% compared to Q2 2018 and a 31.12% decrease compared to the third quarter...

Non-Oil Sector Boosts GDP Rise To 1.81% In Q3 Nigeria’s Gross Domestic Product (GDP) growth rate increased to 1.81% (year-on-year) in real terms in the third quarter of the year (Q3, 2018) compared to 1.50 per cent recorded in the preceding quarter, the National Bureau...

GDP growth to sustain upward trend into Q4’18, Q1’19 Despite the persisting electioneering tension in Nigeria, the Gross Domestic Product, GDP, growth will be sustained going into fourth quarter 2018 (Q4’18) and first quarter 2019 (Q1’19). The two periods carry the mainstream political actions including partisan...

Report Forecasts Growth For Nigeria, Others In 2019 A recent report by the African Development Bank (AfDB) has predicted growth in 2019 for African economies. According to the report, growth was expected to reach 4.1 per cent, up from the initial 3.8 per cent growth in...

FG records 38.4% Revenue Shortfall in October – CBN The Federal Government’s collected revenue fell by 38.4 per cent in October, and it recorded a deficit of N66.51bn within same period. The Central Bank of Nigeria revealed this in its ‘Economic Report October 2018’ which was...