Rail Transport Earns N1.69 billion in Q2 – NBS
The Nigerian rail system generated N1.69bn in revenue from passengers in the second quarter of 2024, reflecting a 53.14 per cent increase compared to the N1.10bn recorded in the same period of 2023.
This data was disclosed...
Nigeria’s Inflation Declines by 1.23% in August – NBS
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate further declined to 32.15 per cent in August 2024.
The NBS said this in its Consumer Price Index (CPI) and Inflation Report for August 2024, which...
Oil Production Fell by 160,000bpd in Q2 – NBS
Nigeria’s daily oil production shrank by 160,000 barrels per day in the second quarter of 2024.
This was contained in a report released by the National Bureau of Statistics (NBS).
Within these three months, the NBS stated that...
The Central Bank of Nigeria (CBN) has just revealed its plan to issue N2.20 trillion in treasury bills during the fourth quarter (Q4) of 2024, matching the amount set to mature from September to November this year.
NSC Saves N31bn from Demurrage Application in Six Month
The Nigerian Shippers’ Council (NSC) has said that out of a total requested amount of N50.8bn demurrage applications it received between January and June 2024, the sum of N19.6bn was validated as reasonable for payment leading...
Nigeria's Fiscal Deficit Increased by 0.1% in April – CBN
The Federal Government’s fiscal deficit rose month-on-month by 0.1 per cent to N824.79bn in April from N823.91bn in March, the Central Bank of Nigeria disclosed in its April 2024 Monthly Economic Report.
A fiscal deficit is...
