Recent monthly economic reports of the Central Bank of Nigeria have shown that Net foreign exchange, forex, and inflow to the economy fell 47 per cent, year-on-year. This is a drop to $25.05 billion in 10 months to Read More
Data from the Central Bank of Nigeria has shown that the country’s trade surplus rose year-on-year (YoY) by 69 per cent. This is an increase to $11.58 billion in the first ten months of 2022 (January to Read More
The latest industry statistics from the Nigerian Communication Commission have shown that the number of mobile subscriptions in Nigeria grew by 23.48 million from January to November 2022. This translates to a total number of 218.61 million mobile Read More
According to data available on the Nigerian Exchange Limited, banking sector performance ended the year out of the loop as five banks saw their value downed by 5.5 per cent This is coming despite the Nigerian Read More
The Nigerian Upstream Petroleum Regulatory Commission has said that crude oil production in Nigeria rose to 1.235 million barrels per day in December 2022. This is the highest output since March when the country produced 1.237mbpd. Figures Read More
The National Insurance Commission has disclosed that the total assets of Nigeria’s insurance industry stood at N2.3 trillion at the end of the third quarter of 2022. This was contained in a report in ‘Statistics Read More
Data from the Nigerian Exchange has shown that retail transactions in Nigerian Exchange increased by 10.69 per cent. This is an increase to N26.62 billion in the month of November according to the data from the Read More
The National Bureau of Statistics has disclosed that Nigeria’s inflation rate rose for the 10th consecutive month to 21.47 per cent in November 2022. This is the highest in 17 years. It was 21.09 per cent in October. Read More
According to the December 2022 Monthly Oil Market Report, MOMR, of the Organisation of Petroleum Exporting Countries Nigeria’s oil production increased month-on-month, MoM, to 1.186 million barrels per day in November 2022. This is up about 17 per Read More
Nigerian banks have generated N620.89 billion in the third quarter of this year, Q3’22 from fees and commission income. This represents 21.5 per cent higher than the N510.99 billion they made under the same income line Read More
