Macros
Macroeconomic data from Nigerian.
FAAC disburses N601.1 billion to FG, States, and Local Govts in December 2020
The Federation Account Allocation Committee disbursed the sum of N601.11 billion to the three tiers of government in December 2020.
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FAAC disburses N604 billion in November 2020 as allocation drops further
The sum of N604 billion was disbursed by the FAAC to the three tiers of government in November 2020.
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Nigeria receives $9.68 billion capital inflows in 2020, lowest in 4 years
The latest NBS capital importation report has disclosed that Nigeria received $9.68 billion from capital inflows in 2020
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Nigeria’s company income tax revenue drops to N1.41 trillion in 2020
Income tax revenue stood at N1.41 trillion in 2020, indicating a 13.35% decline.
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Nigeria generates N1.53 trillion VAT in 2020, grows by 29%
VAT revenue grew by 29.3% compared to N1.18 trillion recorded in 2019 as professional services sector tops with N162.3 billion...
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CBN retains MPR at 11.5%, holds other parameters constant
In its first MPC of 2021, CBN votes to MPR at 11.5% and other parameters constant.
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Price Watch: Nigerians paid less for Kerosene in December 2020
NBS Report shows that consumers paid less for Kerosene in December than they did in November 2020.
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Nigeria’s inflation rate hits 15.75% in December 2020, highest in 3 years
This is 0.86% points higher than the rate of 14.89% recorded in November 2020.
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Nigeria’s total public debt rises to N32.2 trillion ($84.57 billion) as at September 2020.
Nigeria has a total public debt (External and Domestic) of N32.22 trillion ($84.57 billion) as of September 2020.
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PMI: Nigeria’s manufacturing sector contracts in December
The manufacturing sector relapsed in December from 50.2 index points recorded in the month of November 2020.
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