Air Travel Increased By 68% In August – IATA   The International Air Transport Association (IATA) has said that air traffic increased 67.7 per cent in August 2022, when compared to what was recorded in the same month in 2021. IATA also stated in its air traffic...

FG, States, LGAs Share N673.137bn As August Revenue Declines By N280bn   The revenue shared in August by the three tiers of government dropped by 280.948 billion as the federal, state and Local Government Councils (LGCs) shared N673.137bn. They had shared N954.085bn for July, acclaimed to be...

In One Month, Nigeria Recovered Stolen Oil Worth N86.2bn   Different government security outfits operating across the country have recovered stolen oil worth N86.2bn in August. A total of 16, 000 litres of diesel valued at N800/litre (N12.8m) were on Monday reported to have been recovered by...

Economy Improved Slightly In August - CBN     Economic activities improved slightly in August, compared to July, according to the Central Bank of Nigeria. The CBN said in a report on its last Monetary Policy Committee meeting that the manufacturing and non-manufacturing Purchasing Manager’s Indices showed improvement...

1.74 Billion Litres Of PMS Was Supplied Nationwide In August - PPPRA         The Petroleum Products Pricing Regulatory Agency (PPPRA) report on Petroleum Products Supply in the month of August indicates that about 1,735,624,740 litres of Premium Motor Spirit (PMS) was distributed nationwide. This resulted in...

Credit To Private Sector Rises By N498.6bn In August           The Central Bank of Nigeria (CBN) has disclosed that credit to private sector went up by N498.6billion in August to N33.26trillion from N32.8trillion reported in July 2021. The N33.36trillion figure announced by the CBN is a new...