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.
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.
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.
The importation of refined petroleum products will decline in March 2019, even as Nigerians consume an average of 53.2m litres of PMS daily.
The Central Bank of Nigeria (CBN)stabilized the Naira in 2018 by injecting $39.9 billion into the foreign exchange market (Forex). This is according to the...
Nigeria's Value Added Tax (VAT) increased to ₦1.108 trillion in 2018 from ₦972.3 billion recorded in 2017. This is contained in the National Bureau of...
The National Bureau of Statistics (NBS), yesterday, released the report for selected banking sector data for the last quarter of 2018. A section of the...
Highlights The average price per litre of Kerosene increased by 5.35% month on month, and 6.03% year-on-year between December 2018 and...
Basic Inflation rates highlight: Inflation rate reduced to 11.37 per cent in January 2019 from 11.44 per cent in December 2018....