Category: Local News

Nbs

Petrol, kerosene prices rose in August – NBS

9 ViewsTwo reports from the National Bureau of Statistics have revealed that the prices of kerosene and Premium Motor Spirit, popularly known as petrol, increased year-on-year in August. The National Household Kerosene Price Watch...

naira dollar exchange 1

Naira slumps further, exchanges for 570/$

11 ViewsThe naira continued its downward trend after exchanging to the dollar for 570 on Thursday. A week earlier, the naira had traded to the dollar at the rate of 534. According to the...

INFLATION DECLINE

Inflation drops again to 17.01%, in August

17 ViewsFor  five months, consecutively, the inflation rate has continued its  downward trend to  settle  at   17.01 per cent (year-on-year) in August 2021 from the previous rate of 17.38 per cent in July 2021....

Access Bank

Access Bank launches $500m senior unsecured Eurobond

20 ViewsAccess Bank reported the complete pricing of a United States $500m senior unsecured Eurobond to provide medium-term funding and help enhance its capacity to support its general banking activities. In a statement released...

NIGERIAS DEBT

Nigeria piles up N2.36tn debt stock in three months

20 ViewsThe Nigeria’s total public debt stock rose from N33.11tn as of March 31, 2021 to N35.47tn as of June 30, 2021. This shows an increase of N2.36tn or 7.13 per cent increase within...

cbn governor

CBN projects three per cent GDP growth

14 ViewsThe Central Bank Governor, Godwin Emefiele, has said that the country’s Gross Domestic Product can rise to three per cent by the end of 2021. He spoke during the 14th annual Chartered Institute...

E COMMERCE

FG to raise $75bn from e-commerce by 2025 -Ministry

16 ViewsThe Federal Government has said that it is targeting an increase in e-commerce trading, from the current market value of $13bn to about $75bn by 2025. The Permanent Secretary, Ministry of Industry, Trade...

nbs 2

Non-oil exports: FG suffers N5.8tn revenue shortfall

19 ViewsWithin a three-year period covering December 2017 to December 2020, Nigeria generated a total sum of N6.5tn from non-oil exports, data from the National Bureau of Statistics have shown. This sum is N5.8tn...