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MPC Decries Negative Impact of Oil Theft
The Monetary Policy Committee of the Central Bank of Nigeria has decried the negative impact of the increasing oil thefts...
Global Oil Benchmark Moves up by 7.3 per cent
The global oil benchmark moved up by 7.3 per cent to $115/barrel. Figures showed that the commodity has been gaining...
Market Capitalization Decrease by N16.56 billion
The Nigeria Exchange limited closed on a negative note amidst sell-offs and buy-interests. The All share index closed at 47,251.93...
DMO Reaveals Federal Government Borrowings
The Debt Management Office, DMO, has revealed that Federal Government has incurred N950bn new domestic borrowing between January 2022 and...
Manufactured Goods Trade Deficit Grows to N27.33tn
The value of manufactured goods trade deficit has grown to N27.33tn in two years. According to data released by the...
Banks Refund 95.2billion Naira to Customers
The Central Bank of Nigeria, CBN, has said cumulative refund by banks to customers as at December ending 2021 stood...
Nigeria Spent 4.56trillion Naira on Fuel Importation
Nigeria spent a total of N4.56 trillion on the importation of fuel in 2021, 128% higher than the N2 trillion...
Public Debt Stock Increases to N39.56tn
The Debt Management Office, DMO, has revealed that Nigeria’s total public debt stock increased to N39.56tn in 2021 from N32.92tn...
Inflation Rises to 15.7% in February Amid Fuel Scarcity
The Consumer Price Index rose to 15.7 per cent in February from 15.6 per cent in January. This is according...
Nigeria’s Non Oil Exports Hit 3.455 billion Dollars in 2021
The Nigerian Export Promotion Council, NEPC, has said the country exported non-oil products worth $3.455bn in the 2021. The Executive...
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