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A tracker and analysis of some of the key macroeconomic and financial indices from Nigeria.

Market insight

Market/Economic Insight: The Weekly Brief (October 8th – 12 2018)

The performance of the Nigerian Equity Market returned bullish last week with the index (NSE ASI) up by 0.23% WTD to close at an index level of 32,456.98 and Market capitalization of N11.85 trillion.
Guinness Nigeria AGM

List of Dividends announced so far in 2018 (Updated September, 4 2018)

List of Dividends announced so far in 2018

Lagos maintains lead as state with highest foreign debt in Q2 2018

Nigeria's external debt stock rose to $22.08bn as at Q2 2018.
Okechukwu Enelamah

Nigeria’s trade sector fall into double dip recession

Nigeria's Trade Sector fell into a double-dip recession according to data from the National Bureau of Statistics. A double-dip recession typically occurs when gross domestic...

Average Petrol Price Falls to ₦146.80 in July

NBS has released the Petrol Price Watch for the month of July, 2018.
Naira-Dollars

Nigeria’s External Reserves drop below $47billion below for first time in 4 months

Nigeria's external reserves suffered a major drop during the week as CBN data reveals the country's external reserve position was $46.8 billion as at...
Sesame Seeds

Sesame seeds: Small seeds that could be Nigeria’s black gold

Sesame seeds is a flower plant that has a variety of relatives spread across Africa.
Diesel Price

Average Diesel Price Falls to ₦204.97 in June – What it means for these...

NBS has released the Diesel Price Watch for the month of June 2018.

Average Petrol Price Falls to ₦148.1 in June – what it means for these...

NBS has released the Premium Motor Spirit (Petrol) Price Watch for the month of June, 2018.
CBN Governor

CBN mulls ‘quantitative easing’ as it considers buying commercial papers at single digits

The Central Bank of Nigeria concluded its Monetary Policy Meeting on Wednesday leaving Monetary Policy Rates at 14% for the second year running. The...

This is Nigeria’s 2018 Budget Breakdown

Capital expenditure (excluding transfers) higher by 22% from N2.36 trillion in FY2017 to N2.87 trillion.

This company’s cables have been conducting Nigeria’s electricity since 1982

For a country like Nigeria, where epileptic power supply has remained a major economic constraint for years, achieving steady and reliable power generation and distribution has become a must.

Average Petrol Price Falls to ₦150.2 in May – what it means for these...

The Nigeria Bureau of Statistics (NBS) has released the Premium Motor Spirit (Petrol) Price Watch for the month of May, 2018.
Diesel Price

Average Price of Diesel Hits ₦205.67 in May

The Nigeria Bureau of Statistics (NBS) has released the Automotive Gas Oil (Diesel) Price Watch for the month of May 2018.
Meyer paints

Corporate Overview: This company has been making paints in Nigeria since 1960

There are currently about six paint manufacturing companies whose shares are listed on the Nigerian Stock Exchange (NSE), an example of which is Meyer...
Pharma Deko Plc

Pharma Deko Plc is struggling to remain profitable as competition stiffens

Twice a week, Nairametrics spotlights some of the not-so-popular companies on the Nigerian Stock Exchange (NSE). Some of these companies, an example of which...

Looks like Nigeria’s FX Reserves has hit a snag

Nigeria's external reserves shed some weight during the week and pressure has been on the naira to defend the naira. The folks at ARM have...
Tripple Gee printing Press

This company makes money printing sensitive documents for banks and MDAs

There are more than a hundred companies that are currently listed on the Nigerian Stock Exchange (NSE). But while some of them are quite...

Chart of the day: Nigeria’s Unemployment Rates Under Buhari

President Muhammadu Buhari achieved victory at the polls on the back of his "change" campaign. Three years on and the jury is already out...

Nigeria’s Foreign Portfolio Investment Vs Foreign Direct Investment

FDI stood at $246.2 million in Q1 2018. FDI fell by 34.83% from previous quarter. ...
2019 General Election

Before and after: 10 metrics that has defined Buharinomics

The Buhari years are almost over, well, that’s if he does not win a re-election come 2018, which we won’t bet against. Since taking the...

Consumer Watch: Average fuel price drops to ₦151.4 in April

The Nigeria Bureau of Statistics NBS has released the Premium Motor Spirit PMS price watch for the month of April 2018. The NBS report...

These stocks have posted returns higher than their sector GDP growth rate

Key Highlights Real Quarterly GDP Growth - 1.95% Quarter- on- quarter Reduction - (0.16) Aggregate...
manufacturing sector

Manufacturing leads as VAT generates N254.10 billion in Q1 2018

Key Highlights N269.79bn was generated as VAT in Q1 2018 as against N254.10bn generated in Q4 2017 and N196.70bn in Q1...

Funding Rates Crash Below 20% as CBN SLF hits 6-Month high at N239bn

NASS jerks 2018 budget to N9.120 trillion Headline Inflation Drops to 12.48% in April KEY INDICATORS Inflation 12.48% Declined by 0.86%...

Alert: Funding rate spike to 1 year high

Funding Rates Spike to 1-yr High as CBN Further Tightens Liquidity with FX Sale World Bank unveils fresh N2.7 trillion investment strategy in Nigeria for...

Abuja overtakes Lagos as top destination for Capital Importation

The report shows a fourth successive quarterly growth in Capital Importation into Nigeria, since the second quarter of 2017 (Q2 2017). The sum of $6,303.63...
Tomato processing in Nigeria

Round Shaped Tomatoes prices rise sharply in latest Household Food Price Survey

Nairametrics Research on Household Food Items conducted from major markets in Lagos State reveals a general increase in prices for the week ended May...

First Bank tops as FUGAZ rakes in N68.1 billion in E-Business Income for 2017

Nigeria’s 5 biggest banks First Bank, UBA, GT Bank, Access Bank and Zenith Bank (collectively known as FUGAZ) made a total of N68.1 billion...

Get Key Economic Data from Nigeria In One Dashboard (Updated April 2018)

A compilation of about 75 key Nigerian economic data.
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