Nigeria’s public debt stock rises to N44.06 trn in Q3 2022, NBS reports
By Cynthia Ezekwe Amid the economic downturn in Nigeria, the country’s public debt stock grew by 2.84 per cent in Q3 2022, while the
Nigeria’s foreign trade falls 9.68% in Q3 2022,NBS reports
Onome Amuge The National Bureau of Statistics has reported that Nigeria’s total merchandise trade, impacted by a decline in export
Updated: Nigeria’s 2020 total IGR saw a steep decline of -1.93% to N1.31trn in 2020 due to the pandemic
Charles Abuede The severe impact of the coronavirus pandemic has brought to bear an adverse effect on the revenue
Analysts warn of economy unhinged as inflation bites
By Charles Abuede Posts 3-year high at 15.75% Bears fangs on economy Headline index majorly driven by rises in food, core
Bitcoin could hit $146,000; competes with gold for flows, says JP Morgan anayst
By Charles Abuede A cryptocurrency analyst at JPMorgan Chase & Co has stated that Bitcoin has the potential to reach
CBN’s hammer falls on 8 PSPs in Nigeria, revokes operating licences
By Charles Abuede The Central Bank of Nigeria (CBN) has revoked the operating licences of seven payment services providers and
NBS reports 6% Nigeria banking sector loan growth to N19.87trn in Q3’20
By Charles Abuede Report points that growth in loans from banks not expected until economic activities pick up significantly
Nigeria’s inflation reaches 34-month high at 14.89% in November, amid yuletide
By Charles Abuede Food, core inflation rise to 18.30%, 11.05% in line with analysts’ expectations With the festive
Nigeria’s capital import tumbles down 74.03% y/y to $1.46bn in Q3’20
By Charles Abuede But up 12.86% from $1.29bn in Q2’20 Nigeria, Africa’s largest economy, saw its capital
Unemployment level hits 27.1%-NBS
BY: Moses olajuwon Obajemu About 27.1 percent of Nigerians are unemployed in the second quarter of 2020, the National Bureau of