The contraction in the oil sector indicates 7.26% points lower than the growth recorded in the previous quarter (Q2 2020, -6.63%)
The IGR generated by the 36 states including the FCT in the first half of the year, dipped by 11.7%.
As Nigeria marks her independence anniversary, it is imperative to Xray how the economy has performed in the past decades.
The Governor of the CBN has announced the reduction of MPR from 12.5% to 11.5%.
Highest increases were recorded in prices of Passenger transport by air, Hospital services, Medical services, Pharmaceutical products and others.
A dashboard of key market and macroeconomic numbers defined by the Coronavirus.
Meanwhile, a total of N3.33 trillion as being disbursed between January and May 2020.
Nigeria’s inflation rate rose by 12.82% (year-on-year) in July, compared to 12.56% recorded in June 2020. This is the highest rate recorded in 27 months since...
The Federation Account Allocation Committee (FAAC) disbursed the sum of N780.93bn to the three tiers of government in April 2020 from the revenue generated in March...
Nigeria received $5.85 billion capital importation (inflows) in the first quarter (Q1) of 2020, compared to $8.51 billion in Q1 2019.