Kerosene Price Rose By 102.37% In One Year - NBS   From N3,778.30 per five kilogramme of the Liquefied Petroleum Gas (LPG) in March, last year, the average average retail price rose to N4,610.48 last month. The National Bureau of Statistics (NBS) made this known in its...

Corporate Bonds Listing Rises By 51% To N1.50trn   The value of outstanding corporate bonds listed on the FMDQ Securities Exchange (FMDQ) rose Year-on-Year (YoY) by 50.9 percent to N1.498 trillion in February 2023 from N993.57 billion in the corresponding period in 2022. FMDQ’s Monthly Financial Market...

'Diaspora Nigerians Remitted $168bn In Eight Years'   The Nigerian Diaspora community has remitted $168.33bn to the country in the past eight years, according to World Bank reports collated by our correspondents. This is as foreign investments inflow into the country fluctuated in the period under review...

Currency Outside Banks Above N843bn – CBN   Due to the cash crunch which affected economic activities across the country, the Central Bank of Nigeria (CBN) has disclosed that the currency outside the bank vaults as at the end of February rose to N843.311 billion. This is...

Insurance Claims Now N1.5trn - NAICOM   Insurance companies paid N1.5trn claims in six years as businesses increased. The biggest advertisement needed to promote insurance patronage is prompt claims settlement according to industry experts. The Nigerian underwriting companies have so far paid N1.5tn claims to their customers in...

USA Budgets $5.7m To Support Nigeria   The United States of America plans to assist Nigeria with $5.7m to manage elections. This was according to the Congressional Budget Justification for Foreign Operations document for Fiscal Year 2024 obtained by our correspondent. Economic Confidential observed that the $5.7m is...