Economy

Nigeria’s debt rises to N32.2trn – DMO

Nigeria’s public debt has risen to N32.2 trillion at the end of September according to latest figures from the Debt…

5 years ago

Foreign stock investors withdrew N433.15bn in 11 months – NSE

Foreign investors pulled out a total of N433.15bn from the nation’s stock market from January to November this year, compared…

5 years ago

Naira stabilizes at black market as external reserve rises by $515 million in 12 days

Forex turnover rose by 27.6%, as the Naira’s exchange rate at the NAFEX window depreciated against the dollar to close at…

5 years ago

Domestic credit of banks grew by N290bn in weeks – CBN

The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent…

5 years ago

Nigeria’s duty-free export to US shrinks to $351.73m

Nigeria’s export to the United States under a duty-free policy declined in the first nine months of 2020, recording $351.73m…

5 years ago

Nigeria’s inflation rate will average 16% in 2021 – Bismarck Rewane

Bismarck Rewane, Managing Director/Chief Executive Officer, Financial Derivatives Company Limited, has predicted that the double-digit inflation in the country will…

5 years ago

FIRS generates N4.178trn revenue in 10 months – Chairman

The Federal Inland Revenue Service (FIRS) says it has generated N4.178 trillion revenue in the last 10 months. The Executive…

5 years ago

FAAC disburses ₦601.110 billion to FG, States, LGs

The Federal, States, and Local Government Councils and agencies have shared the sum of N601.110 billion in November 2020. According…

5 years ago

Oil price increases following inventory decline

Crude oil prices rose after the Energy Information Administration (EIA) reported a crude oil inventory decline of 3.1 million barrels…

5 years ago

World Bank approves Nigeria’s $1.5 billion loan request

The World Bank has granted approval to Nigeria’s $1.5 billion loan application. The Bretton Woods Institution made the announcement on…

5 years ago

This website uses cookies.