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Economic Data
Nigeria’s total debt rise above N44 trillion – DMO
Nigeria’s total public debt rose to N44.06 trillion ($101.91 billion) as at September 30, 2022, the Debt Management Office said...
Read moreQ3 2022: Nigeria’s total trade stood at N11.6 trn, total export falls nearly 20% QoQ
In the third quarter of 2022, Nigeria’s total trade stood at ₦11.6 trillion billion, this was lower than the ₦12.84...
Read moreNigeria’s GDP growth slows to 2.25% in Q3 2022, oil sector contribution declines further
Nigeria’s Gross Domestic Product (GDP) grew by 2.25% (year-on-year) in real terms in the third quarter of 2022, according to...
Read moreNigeria’s inflation rises above 21% in October
The headline inflation rate rose to 21.09% in October 2022, on a year–on–year basis, This was 5.09% points higher compared...
Read moreJUST IN: Nigeria’s inflation continues to rise, hits 20.77% in September
The inflation rate in Nigeria has continued to rise, hitting 20.77% in September, the highest in 17 years, the National...
Read moreWorld Bank projects 102% debt service to revenue ratio for Nigeria
The World Bank in its latest report said that Nigeria's public debt is concerning due to the rising debt service-to-revenue...
Read moreNigeria’s inflation climbs above 20%, highest in 17 years
The inflation rate surged to new record in August hitting 20.52%, the highest in 17 years, the National Bureau of...
Read moreInflation in Germany hits decades high amid energy crisis
From 8.5% inflation rate in July, Germany has seen the August Inflation rise to 8.8%, a level the country hasn't...
Read moreIndia becomes world’s fifth-largest economy, overtaking the UK
In the last quarter of 2021, India had overtaken The United Kingdom to become the fifth-largest economy in the world,...
Read moreNon-oil sector contributes 93.67% to Nigeria’s GDP in Q2 2022
Nigeria’s Gross Domestic Product (GDP) grew by 3.54% (year-on-year) in real terms in the second quarter of 2022, the national...
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