Nigeria’s external reserves have continued to drop in recent weeks and officially slipped below $45 billion, the height it climbed just barely two months ago
As Eid-el Kabir celebrations draw close, Nairametrics Research visited major markets in Lagos State to obtain the prices of major food items and insights for our readers. Survey shows that prices of imported rice declined
Nigeria's external debt serving has hit a new height in half-year 2019 as the latest figure obtained from the [@cenbank] shows that international payment in the form of debt servicing between January and June 2019 was estimated at N263.7 billion
Once again, the Nairametrics research team recently visited major markets across Lagos State to obtain the prices of household food items.
The total value of capital importation into Nigeria in the first quarter of 2019 was estimated at $8.48 billion. This was just revealed in the latest capital importation data released by the [@nigerianstat]
The lastest Nairametrics household survey has revealed that the prices of most food items across major Markets in Lagos have not recorded significant changes in the last two weeks.
The Lastest report released by the National Bureau of Statistics (NBS) has shown that the average price per litre of Kerosene in Nigeria decreased to N315.91 in May 2019, down from N316.26 recorded in the month of April.
The average pump price of premium motor spirit (popularly known as Petrol) decreased by 0.4% in May 2019. This is revealed in the latest Petrol price watch data released by the @nigerianstat
According to the International Labour Organisation (ILO), the “Consumer Price Index (CPI) measures changes in the prices of goods and services that households consume”.
According to Nairametrics' House-Hold Survey carried out last week Thursday across major markets in Lagos State, a big basket of tomatoes now sells for N18,000, up from N10,000 reported two weeks earlier.
The latest selected banking sector data released by the National Bureau of Statistics (NBS) shows that the total value of transactions for both Point of Sales (POS) and Automated Teller Machines (ATMs) during the first quarter (Q1) of 2019 decline by N258 billion.
As the Ramadan season gradually comes to an end, some households in Lagos and elsewhere may find it difficult to celebrate because the prices of some food items keep increasing.
Nigeria's manufacturing Purchasing Managers’ Index (PMI) grew faster for the 26th consecutive months, indicating further expansion in the manufacturing sector.
States' unemployment data shows that 20.9 million Nigerians are unemployed as at third quarter of 2018.
Nigeria's foreign reserves are a few millions away from a six month high of $45 billion, due to an uptick in crude oil prices and positive foreign portfolio investor sentiments.
Relative differences in the prices of major goods across the four (4) markets. The markets surveyed include: Mushin Market, Daleko Market, Oyingbo Market, etc.
Data from the Central Bank of Nigeria has shown that Nigeria's external reserve rose to $44 billion at the end of March 2019.
The performance of the Nigerian Equity Market remained largely bearish last week until Friday when a rebound was witnessed in the market.
The Federal Government of Nigeria needs to build and implement a robust regulatory framework for the mining sector.
Over the past two years, VAT improved most in 2017, but slightly dropped in 2018.
The Equity Market returned bearish last week with the index down by WTD to close at 2.45% an index of 31,142.72 and capitalization of N11.61 trillion
The average price per litre of Kerosene in Nigeria has dropped to ₦305.55 in February 2019 from ₦306.28 in January 2019.
The average pump price of premium motor spirit (Petrol) decreased by 0.3% in February, according to the latest data from the NBS.
Data shows that out of 15 trillion credit (Bank loan) to the Private Sector in the last quarter of 2018, real estate got ₦622 billion.
The Nigerian oil and gas sector accounted for 93.8% of the total export revenue in Q4 2018, according to the CBN's Balance of Payment (BOP) brief.
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.
Nigeria has defaulted in the agreement reached by the Organization Petroleum Exporting Country (OPEC) to cut crude oil production.
Mobile Internet users in Nigeria increased marginally to 113.9 million in January 2019, data from the Nigerian Communications Commission (NCC) has revealed.
Stakeholders in the mall, medium and large enterprises (SMLEs) in Nigeria have expressed optimism for economic growth in the country.