Economy
News and analysis on the Nigerian economy
Corporate bond Issuance may take centre stage soon
SUMMARY In our Previous Market outlook (Nigeria: Political Risk Brewing) published 23 April 2018, we advised on the need for...
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Latest Nigeria’s Manufacturing Purchasing Managers’ Index (Updated May 2018)
Nigeria's Purchasing Managers' Index was 56.5 in May 2018
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Nigeria’s Historical External Reserves – Updated May 2018
Nigeria's external reserve for the month of May 2018 was $47.61 billion
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CBN issues new forex circular to banks and BDCs
The Central Bank of Nigeria (CBN) has directed all commercial banks in the country to sell foreign exchange across the...
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National Assembly passes 2018 budget, 6 months after its presentation
The National Assembly has passed the 2018 budget. Details of the budget show the National Assembly raised the 2018 budget by...
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Latest Nigeria’s Banking payment channels transactions (Updated Q1 2018)
Nigeria's Banking payment channels total volume of transactions in the first quarter of 2018 was 450,773,660
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DMO raises ₦90 billion to fund budget deficit
The Debt Management Office, DMO, said it had raised ₦90 billion towards the implementation of the 2018 budget. A statement issued...
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DMO uses bonds to raise ₦64.06bn towards the 2018 budget implementation
Nigeria's Debt Management Office (DMO) yesterday announced that it has raised the sum of ₦64.06bn towards the implementation of the 2018 national budget....
Read moreDetailsWho stands to benefit from the estimated ₦250bn INEC budget?
Nigeria’s election umpire, the Independent National Electoral Commission (INEC) yesterday estimated its budget for the 2019 general elections at nearly ₦250bn....
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Here’s a breakdown of Lagos State’s ₦1 trillion budget
The Lagos State Governor, Mr. Akinwumi Ambode has signed the 2018 appropriation bill into law with a projected internally generated...
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