Nigeria Records N1.8trn Trade Balance Deficit In Q2 – NBS     Nigeria recorded a trade balance deficit of N1.8 trillion at the end of the second quarter, making the third consecutive quarter of negative trade balance. The National Bureau of Statistics disclosed this in its ‘Foreign trade in goods...

FRC: 122 Agencies To Remit N1.8trn Surplus To Govt       The Fiscal Responsibility Commission (FRC) has compelled 122 agencies to remit N1.8 trillion surplus to the Consolidated Revenue Fund. Its Acting Chairman, Victor Muruako gave the order when the Executive Director, Civil Society Legislative Advocacy Centre (CISLAC)/Transparency...

Senate Investigates N1.8trn Spent On Power Sector Intervention   The Senate Committee on Power said on Thursday that it had concluded plans to execute a three-day investigative hearing on the operations of the power sector since privatisation in 2013. Specifically, the panel said it had the mandate...

Investors Count Losses As Stock Market Sheds N1.8trn   It was a gloomy week for stock investors globally as the Coronavirus fears and slump in crude oil price push markets to their worst weekly performance since 2008 financial crisis. In Nigeria, the risk-off approach by some...