Saturday, May 23, 2026
Economy
Domestic Economy: The 2020 Finance Bill Signed into Law and Effective 1st January
(Greenwich Merchant Bank): On December 31, 2020, President Muhammadu Buhari signed into law the 2020 Finance bill, alongside the 2021...
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Trade deficit of the United States rises to its highest level in 14 years high
The United State's trade deficit has risen to its highest level in 14 years in November 2020, as businesses boosted...
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Domestic Economy: Bouts of Positive Sentiment Eases Outlook on Credit Supply in Q1:2021
(Greenwich Merchant Bank): Credit conditions continued to improve in the fourth quarter, as broad-based growth in secured, unsecured and corporate...
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The Proportion of approved loan applications decreased in Q4 2020, as lenders tightened credit scoring criteria – CBN report
The Central Bank of Nigeria (CBN) in its Credit Survey Report for December 2020, has presented trends and developments in...
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Domestic Economy: National Assembly Approves 2021 Budget, Raised Up Figure by NGN505.6bn
(Greenwich Merchant Bank): The National Assembly passed the 2021 Appropriation Bill during its plenary session, barely two weeks to the...
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Global Economy: The New Strain of COVID-19 Threatens the Vaccine-Fuelled Economic Rebound of Nations
(Greenwich Merchant Bank): The new strain of COVID-19 is gaining prominence since its first detection in Britain on the 20th...
Read moreDetails of the N13.588trillion 2021 Budget Passed by the National Assembly
The National Assembly on Monday approved the 2021 budget with an aggregate value of N13,588,027,886,175, during an emergency session convened...
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Domestic Economy: Nigerian Capital Inflows Take a Beating, Down 74.03% YoY
Greenwich Merchant Bank): Capital importation fell noticeably in the third quarter, reeling from the impact of the COVID-19 pandemic and...
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Global Economy: Eurozone’s Private Sector PMI Ends the Year on an Impressive Note
(Greenwich Merchant Bank): Business activity in Europe’s largest economy (Germany) pushed higher, amidst uncertainties linked to the ravaging pandemic. Thereby,...
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Inflation rate hits a new level, the highest since February 2018
The consumer price index, (CPI) which measures inflation increased by 14.89 percent (year-on-year) in November 2020. This is 0.66 percentage...
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