NNPC posts profit growth in 2020 despite 20% decline in topline
The Nigerian National Petroleum Corporation (NNPC) posted a profit after tax of N287.23 billion in 2020, representing a significant growth...
Naira depreciates further at black market, trades at N535/$1
Wednesday, 8th September 2021: The exchange rate between the naira and the US dollar closed at N411.5/$1, at the Investors and Exporters window, where forex...
DMO offers September 2021 FGN Savings bond for subscription
The Debt Management Office (DMO), on behalf of the Federal Government has announced the offer for subscription of the September...
Naira gains further at official market as crypto investors lose $299 billion in one day
Tuesday, 7th September 2021: The exchange rate between the naira and the US dollar closed at N410.67/$1 indicating a further...
Nigeria’s petrol import surges to N782 billion in Q2 2021
Nigeria imported motor spirit ordinary, otherwise known as petrol worth N782.5 billion in the second quarter of 2021, representing a...
Naira gains further at official market despite decline in dollar supply
Monday, 6th September 2021: The exchange rate between the naira and the US dollar closed at N411.13/$1 indicating a further...
Nigeria’s international trade deficit hits N5.81 trillion in H1 2021
Nigeria extended its negative trade balance in the first half of 2021, as its trade deficit surged to N5.81 trillion...
Diaspora Remittances into Nigeria fall by 24% in Q1 2021
Nigeria attracted $4.2 billion in foreign remittances in the first quarter of 2021 as the country continues to grapple with...
Naira gains at official forex market as demand pressure dampens rate at black market
Friday, 3rd September 2021: The exchange rate between the naira and the US dollar closed at N411.5/$1 at the official...
Nigerian pension fund asset rises to N12.8 trillion as RSA contributors hits 9.4 million
Nigeria’s total pension asset value rose by N123.47 billion in July 2021 to close at N12.78 trillion compared to N12.66...
