Tuesday, January 21, 2025
Economic Data
Key Economic Metrics in Nigeria
As the first business day of the third week of March 2021 starts, it is important to keep in mind...
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Nigeria’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...
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Bezos 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...
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Domestic 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...
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Nigeria 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...
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Nigeria’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...
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FG 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...
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Company 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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Global Economy: Growth Roars Back in China, Amid a Slowdown in Consumption
(Greenwich Merchant Bank): China posted a GDP growth of 6.5% Y-o-Y and 2.6% Q-o-Q in the final quarter of 2020,...
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Domestic Economy: FGN Fiscal Deficit Expanded to NGN6.1trn in 2020
(Greenwich Merchant Bank): A myriad of negative events ranging from the oil price shock to the global pandemic overwhelmed the...
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