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Economic Data
Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion
Nigerian States and Federal Debt Stock data as of 31st December 2020 showed that the country's total public debt portfolio...
Read moreJust in: Nigeria’s Inflation rate hits 17.33%, the highest in four years
The consumer price index, (CPI) which measures inflation increased by 17.33% (year-on-year) in February 2021, as the cost of goods...
Read moreKey Economic Metrics in Nigeria
As the first business day of the third week of March 2021 starts, it is important to keep in mind...
Read moreNigeria’s Major trading partners in Q4 2020
Nigeria’s total foreign trade rose by 8.9% to N9.120 trillion in the fourth quarter of 2020, from the level recorded...
Read moreBezos Takes over as Musk Loses US$27bn in One Week
Amidst sell-off of company stock, Tesla’s CEO, Elon Musk has lost a whopping US$27bn within one week. This comes with...
Read moreDomestic Economy: A Glimmer of Hope…as Surprise Growth in GDP Stimulates Economy out of Recession
(Greenwich Merchant Bank): The Nigerian economy posted a better-than-expected recovery of 0.11% YoY in the fourth quarter, beating our expectation...
Read moreNigeria exits recession as GDP grew for the first time in 3 quarters
Nigeria has exited recession as the economy recorded its first growth in three quarters due to the relaxation of the...
Read moreNigeria’s Inflation rate hits16.47%, the highest since May 2017
The consumer price index, (CPI) which measures inflation increased by 16.47 percent (year-on-year) in January 2021. This is 0.71 percent...
Read moreFG and States allocations in 2020
The Federation Account Allocation Committee (FAAC) disbursed the sum of N2.49trn to the Federal Government of Nigeria in 2020 while...
Read moreCompany Income Tax and Value Added Tax generated in the past five years in Nigeria
The amount generated from Company Income Tax (CIT) and Value Added Tax (VAT) in Nigeria has continued to increase. According...
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