Lagos records largest external debt in Nigeria at $1.26 billion in Q2 2023 – NBS
The Nigerian Bureau of Statistics has confirmed that Nigeria’s public debt grew at a rate of 75.27% on a quarter-on-quarter ...
Tag: Nigerian Bureau of Statistics.
Entertainment: Nollywood produced 416 movies in Q1 2021 – NBS
The NBS disclosed that Nollywood produced 416 movies in Q1 2021, a decline compared to 903 movies produced in Q4 ...
Income of Nigerian households decline in Agriculture, and 2 others – NBS Survey
The report found out that Over 67% of Nigerian households reported that their total income decreased.
VAT collection edges higher but indicates weaker economy
VAT collection for Q2 2020 climbed higher by 0.8% q/q and 4.9% y/y to N327.2bn.
Hike in VAT rate buoys VAT Revenue in Q1 2020
Although we expect the recent increment in the VAT rate to support growth in VAT on locally produced goods, in ...
Telecoms: Bright spot amidst the gloom
Recent data on key industry fundamentals published by the NCC showed that the total number of broadband subscriptions grew 1.8% ...
mCash transactions hit N88.56 billion one year after re-launch – NBS
The NBS has disclosed that the value of mCash transactions stood at N88.56 billion between October 2018 and September 2019.
Banking sector NPLs down, loans up
NPL ratio for the Nigerian banking sector was down 2.6ppts q/q to 6.7% in Q3 2019 from 9.3% in Q2 ...
CBN increases LDR to 65%, sets December deadline
The CBN has issued a fresh circular mandating commercial banks operating in the country to lend out up to 65% of their customer deposits.
Dangote boasts of creating over 25,000 jobs with cement business
Africa's richest man, Aliko Dangote has boasted of creating not less than 25,000 jobs with Dangote Cement Plc alone.
