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

Ten States in Nigeria, Foreign Investors abandoned 27 States, as Lagos and Abuja attracted $5.8 billion, tax revenue, Foreign investors dump 29 states in Nigeria, as Lagos attracts $4.97 billion in 3-month , Foreign investors ship $21.14 billion to 22 States in 10-month 

Foreign investors ship $21.14 billion to 22 States in 10-month 

22 states in Nigeria attracted the sum of $21.14 billion foreign investment between January and October 2019, as investors abandoned others. #Lagos #FDI
Nigeria's inflation rate, Nigeria's Inflation rate drops

Northern States worst hit as Nigeria’s inflation jumps to 11.85% in November 

The latest report from the National Bureau of Statistics (NBS) shows that inflation rose again to 11.81% in November 2019.  
Nigeria miles away from financial inclusion goal - FT Partners 

Nigeria, miles away from financial inclusion goal – FT Partners 

Nigeria's journey to becoming the Giant of Africa, especially in financial inclusiveness, is farther than it appears. #FinTech #MOBILEMONEY #PoS #e-WALLET
OPINION: Development policies should focus on producers, not consumers

New brands of local rice flood major markets, as prices of major items drop 

Latest Nairametrics Food Price Survey reveals more brands of local rice have now flooded major markets in the country helping to drive down prices of local rice.  
Disrupting Nigerian banks, Evolution of Nigerian banks in 59-years , GTB, UBA, Zenith, Access Banks’ salary advance loans, Can a company operate without a website in 2019? , Banks refund N3.09 billion to customers over claims on excess charges, fraud, others  , Bank CEOs applaud NCC’s decision to suspend USSD charges, GTBank, Zenith, Access, FBN, 10 others spend over N8 billion on CSR, Banking: Evolving trends in the bankers’ market, GTBank, Access, FBNH, Standard Chartered wrestle over women entrepreneurs , GTBank, Access Bank, Zenith, FBN, 16 others disburse CBN’s N610.4 billion to farmers , Credit to government declines, as Credit to private sector hits N25.8 trillion, Banking sector NPLs down, loans up, Non-Performing Loans in Agriculture, construction, others rose to N143.76 billion, Asset seizure: Banks begins recovery of N6.125 trillion borrowed to the oil sector, Customer Experience: GTB, FCMB, Citibank, others emerge best banks in 2019  

Banking sector NPLs down, loans up

NPL ratio for the Nigerian banking sector was down 2.6ppts q/q to 6.7% in Q3 2019 from 9.3% in Q2 2019.
Mobile money war: Telecoms threaten banks' future in Nigeria

NPL: Banks recover N738.15 billion from oil and gas sector in Nigeria

The Central Bank of Nigeria’s drive to solve liquidity challenges in Nigeria’s financial sectors is already paying off as banks recovered N738.15 billion
Nigeria's Bluechips spend N114 billion on advertising, marketing in 2019

Nigeria’s Bluechips spend N114 billion on advertising, marketing in 2019

According to the data, ABMP spend annualized for 2019 is about N114 billion compared to N116.394 billion spent in 2018 and N101.8 billion in 2017.
Disrupting Nigerian banks, Evolution of Nigerian banks in 59-years , GTB, UBA, Zenith, Access Banks’ salary advance loans, Can a company operate without a website in 2019? , Banks refund N3.09 billion to customers over claims on excess charges, fraud, others  , Bank CEOs applaud NCC’s decision to suspend USSD charges, GTBank, Zenith, Access, FBN, 10 others spend over N8 billion on CSR, Banking: Evolving trends in the bankers’ market, GTBank, Access, FBNH, Standard Chartered wrestle over women entrepreneurs , GTBank, Access Bank, Zenith, FBN, 16 others disburse CBN’s N610.4 billion to farmers , Credit to government declines, as Credit to private sector hits N25.8 trillion, Banking sector NPLs down, loans up, Non-Performing Loans in Agriculture, construction, others rose to N143.76 billion, Asset seizure: Banks begins recovery of N6.125 trillion borrowed to the oil sector, Customer Experience: GTB, FCMB, Citibank, others emerge best banks in 2019  

Banks’ credit to government decline by N1.4 trillion

Credit to the private sector hit N25.8 trillion in October 2019, as credit to governments declined by N1.4 trillion to N9.05 trillion.
capital importation, Nigeria spends N1.9 trillion on goods from China in H1, up by 88% , Capital importation jacks by 5.7% (YoY) as banks attract $4.74 billion , Capital flows to Nigeria down for the second consecutive quarter by 7.8% q/q 

Capital flows to Nigeria down for the second consecutive quarter by 7.8% q/q 

The publication from the NBS disclosed that capital imported into the Nigerian economy declined in the third quarter by 7.8%.
Ten States in Nigeria, Foreign Investors abandoned 27 States, as Lagos and Abuja attracted $5.8 billion, tax revenue, Foreign investors dump 29 states in Nigeria, as Lagos attracts $4.97 billion in 3-month , Foreign investors ship $21.14 billion to 22 States in 10-month 

Foreign investors dump 29 states in Q3

Foreign investment into Nigeria in the third quarter of 2019 dropped to $5.36 billion compared to $5.82 billion recorded in the second quarter.
Alert: Tomato prices are up by over 80% in these Lagos markets

Prices of tomatoes, frozen foods, onions, others jump, as low demand hits imported rice 

Nigerians are in for a sustained price increase this Christmas as prices of commodities continue to spike. In our recent Nairametrics Bi-weekly Food Price Survey, prices of major household commodities increased significantly over the last two weeks.
This PwC report may inspire investors to buy up stocks in Nigerian hotels 

This PwC report may inspire investors to buy up stocks in Nigerian hotels 

A PwC report forecasting growth prospects in Africa’s hospitality industry has projected that Nigerian hotels will grow very fast over the next five years.
Nigerian tech companies are struggling, but they will be just fine

Nigerian tech companies are struggling, but they will be just fine

The survey by One Campaign and Centre for Global Development showed the three major problems facing the Nigerian tech ecosystem.
PwC Africa Entertainment & Media Outlook, PwC’s global operations report 7% revenue growth in FY 2019 

New PwC outlook examines how changing media trends affect advertising

The PwC Africa Entertainment & Media Outlook report for the years covering 2019 to 2023 has revealed some rather interesting findings.
local, Rice will be abundant this Christmas, RFAN says

Local rice floods major markets in Nigeria, as frozen food sellers lament low patronage  

Locally-produced rice in Nigeria has gained huge momentum, as Nairametrics Research Team found that various brands of local rice have now flooded major markets in the country. As a result, the prices of local rice slightly dropped.
Mobile money war: Telecoms threaten banks' future in Nigeria

Access Bank, UBA, GTB, 7 others increase loans by N1.84 trillion in 9-month

Access Bank, UBA, GTB, 7 others increase loans by N1.84 trillion in 9-month
prices of chickens poultry owners

Poultry owners jack up prices of chickens, others, as Nigerians abandon imported frozen foods 

Poultry owners are reportedly jacking up prices of chickens, turkeys and other farm produce.

Flee from stocks not found on this list

We came up with a list of stocks that have a considerable level of liquidity and are transparent. We avoid stocks not found on this list.
Used Cars and Motorcycle importation

Nigeria’s auto-policy in tatters as Cars and Motorbike importation hit N1 trillion

Recent data obtained from the NBS show that between the first quarter of 2018 and the second quarter of 2019, Nigeria had spent the total sum of N1.03 trillion to import used vehicles and Motorcycles in less than 2 years
Mortgage lending

Analysis reveals Nigeria’s mortgage lending rate is about the highest in the world

One of the problems that is bedeviling Nigeria is that of housing shortage as the Mortgage lending Rate is About the Highest in the World.
Nigeria's Agricultural sector records highest growth in Q1 2019, Central Bank disbursed N299 billion

Top 10 Agricultural Products Export from Nigeria

Top 10 Agricultural Products Export from Nigeria according to NBS [@nigerianstat]
foreign, trade, Nigeria's top 10 exports, Top trading partners, Border Closure: Nigeria short of N338 billion worth of rice 

Top trading partners for Nigeria’s exports and imports in 2019

Top trading partners for Nigeria's exports and imports in 2019
Rams sell as low as N21,000 in major markets as sellers witness mixed turnouts

Rams sell for as low as N21,000 in major markets as sellers witness mixed turnouts   

Eid-El-Kabir celebration is here and Nigerians are already enjoying the fanfare that comes with the season. Findings from major markets visited by the Research Team show that the prices of rams dropped.
foreign, trade, Nigeria's top 10 exports, Top trading partners, Border Closure: Nigeria short of N338 billion worth of rice 

Nigeria’s top 10 exports in Q1 2019 | Nairametrics

According to a recent data released by the National Bureau of Statistics (NBS), Nigeria's total trade grew by 2.5% in the first quarter of 2019, and 7.5% relative on a year on year basis, with exports valued at N4.5 trillion.
Highest Paid CEOs, MTN completes listing with SEC, registers 20.3bn shares

Highest paid CEOs in Nigeria earn N5.4bn as salaries in 2018

CEO's of some of the largest publicly quoted companies on the Nigerian Stock Exchange earned a whopping N5.459 billion in 2018
AfCFTA

Top 10 items imported and exported from Nigeria

The latest trade data recently released by the National Bureau of Statistics (NBS), contains some interesting information about the products that were imported and exported by Nigeria during the first quarter of 2019. 
BREAKING: FG's VAT charges on online transactions to commence, firs, Illegal Tax Deduction: FIRS to refund General Electric, Arco $2 million 

Nigeria’s Value Added Tax collection dips slightly in Q1 2019

Nigeria generated a total sum of N289.04 billion Value Added Tax (VAT) in the first quarter of 2019, a 3% decline when compared to the N298 billion generated in the fourth quarter of (Q4) 2018.
Arik Air, AMCON

Local Nigerian airlines record 54% delayed flights in Q1 2019

Local Nigerian airlines record 54% delayed flights in Q1 2019
Guinness Nigeria AGM

List of Dividends announced so far in 2018 (Updated March 25th 2019)

List of Dividends announced so far in 2018
licensed cars on Nigeria’s roads

Number of cars on Nigerian roads hit 11.8m in a year

Latest figures from the Nigerian Bureau of Statistics have shown that there were 11.8 million licensed cars on Nigeria’s roads as at Q4 2018.