Nigeria’s inflation rate drops further to 17.75% in June 2021

Despite billions on agriculture, food inflation up by 108% since 2015.

Nigeria's inflation rate dropped for the third consecutive month in June 2021

Foreign portfolio investments in Nigeria drops by 77.4% in Q1 2021

by Samuel Oyekanmi

May 25, 2021

Foreign portfolio investments into Nigeria recorded a 77.4% year-on-year decline in Q1 2021 to stand at $974.1 million.

Naira falls across forex markets as businesses resume after public holidays

Exchange rate falls at NAFEX window as oil price plunges

by Samuel Oyekanmi

May 21, 2021

Naira fell against the US dollar on Thursday as crude oil prices endure further decline.

FAAC, IGR, Fiscal federalism in Nigeria, NEC Inauguration, Bailout Fund: FG begins deduction of N614 billion from states’ allocation in 2 weeks , Ekiti, Enugu, Bayelsa, 12 others attract no investment in 1H , States’ debt stock, Fiscal federalism

Nigerian states generate N1.31 trillion IGR in 2020 as Lagos dwarfs others

by Samuel Oyekanmi

April 17, 2021

The 36 states and the Federal Capital, generated a sum of N1.31 trillion as Internally generated revenue (IGR) in 2020

Cost of preparing jollof rice in Nigeria rises by 7.8% in Q1 2021 – SBM

by Research Team

April 15, 2021

The average cost of making a pot of jollof rice in Nigeria rose by 7.8% between March 2020 and March ...

Forex, Nafex, parallel market, exchange rate, Naira, Dollar

Naira weakens at NAFEX window as dollar supply continues to dwindle

by Samuel Oyekanmi

April 7, 2021

The exchange rate between the naira and the US dollar closed at N410.5/$1 at the Investors and Exporters window.

Military located bandits in kankara, Q1 2020 National Debt report, Buhari finally speaks on NDDC probe, urges NA to act with a sense of urgency,National Human Rights Commission,Presidency bows to pressure, agrees to demand made by EndSARS protesters, Our economy is too fragile to bear another round of lockdown-Buhari, Zarbarmari: Massacre by Boko Haram is nothing short of senseless, barbaric, gruesome and cowardly- Buhari

Nigeria’s GDP contracts by 1.92% in 2020, as economy initiates recovery

by Samuel Oyekanmi

February 19, 2021

Nigeria’s Gross Domestic Product (GDP) contracts by 1.92% in real terms in 2020 as the economy posts a real GDP ...

Here is What This Foreign Investor Thinks about The Nigerian Economy and The Naira

2021 Macroeconomic and Equities outlook

by CSL Stockbrokers

February 2, 2021

The economy is projected to exit recession in 2021, supported by the gradual normalization of economic activities.

COVID-19: Nigeria, 4 others contribute 77.6% of cumulative confirmed cases in Sub-Saharan Africa

Nigeria surpasses 100,000 cases of Covid-19

by Samuel Oyekanmi

January 11, 2021

The national case count rose to 100,087 confirmed cases and 1,358 covid related deaths as of 10th January 2021.

Manufacturing sector in Nigeria and the reality of a "new normal"

PMI: Nigeria’s manufacturing sector contracts in December

by Samuel Oyekanmi

December 25, 2020

The manufacturing sector relapsed in December from 50.2 index points recorded in the month of November 2020.

Tag: Economy