Nigeria’s export earnings up by 2.8%. Africa’s largest economy, Nigeria is said to have earned $16.2 billion, a 2.8% increase in export earnings in the third quarter of 2018 when compared with the second quarter of the year, data from country’s central bank shows; indicating...

Non-performing Banks' Loan Rise To N2.24trn Nigerian bank’s non-performing loans stood at N2.245tn as of the end of September 2018, according to the National Bureau of Statistics. The NBS revealed that in the period under review, the country’s gross loans stood at N15.861tn, while loans (after...

IATA Predicts N109.3bn Loss For Nigeria, Other African Carriers In 2019 The International Air Transport Association (IATA) has predicted that Nigeria and other African countries will experience bleak 2019 in their aviation industry with a record $300 million (an estimated N109.350bn) loss for the continent’s...

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...