Nigeria’s public debt has risen to N32.2 trillion at the end of September according to latest figures from the Debt Management Office (DMO). The figure implies...
Foreign investors pulled out a total of N433.15bn from the nation’s stock market from January to November this year, compared to N481.96bn in the same period...
Forex turnover rose by 27.6%, as the Naira’s exchange rate at the NAFEX window depreciated against the dollar to close at N394/$1 during intra-day trading on Wednesday,...
The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35...
Nigeria’s export to the United States under a duty-free policy declined in the first nine months of 2020, recording $351.73m from January to September. According to...
Bismarck Rewane, Managing Director/Chief Executive Officer, Financial Derivatives Company Limited, has predicted that the double-digit inflation in the country will remain and average at 16 per...
The Federal Inland Revenue Service (FIRS) says it has generated N4.178 trillion revenue in the last 10 months. The Executive Chairman of the service, Mr Muhammad...
The Federal, States, and Local Government Councils and agencies have shared the sum of N601.110 billion in November 2020. According to the Federation Accounts Allocation Committee...
Crude oil prices rose after the Energy Information Administration (EIA) reported a crude oil inventory decline of 3.1 million barrels for the week to December 11....
The World Bank has granted approval to Nigeria’s $1.5 billion loan application. The Bretton Woods Institution made the announcement on Tuesday in a statement noting that...