Monday, October 5, 2026
Economy
Banking sector credit to the private sector settles at N19.87trn, as NPL declines
Banking sector credit to the private sector stood at N19.87trn as of Q3 2020, an increase of 5.58% compared to...
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RTGS transactions dominate electronic payment channels in Nigeria – NBS
A total volume of 2,781,526,188 transactions valued at N319.99trn was recorded in Q3 2020 as data on Electronic Payment Channels...
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Domestic Economy: Nigeria’s Trade Deficit Widens, Settles at NGN2.3trn in the Third Quarter
(Greenwich Merchant Bank): On the external front, Nigeria’s trade gap widened in the third quarter to a record high, as...
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Global Economy: South Africa Economy Rebounds, as Q3:2020 GDP Grew 13.5% QoQ
(Greenwich Merchant Bank): The South African (SA) GDP for Q3:2020 printed an impressive rebound of 13.5% QoQ from -16.6% QoQ...
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Domestic Economy: GDP Report Shows Household-focused Government Policies to Springboard Economy
(Greenwich Merchant Bank): The National Bureau of Statistics (NBS) published Nigeria’s Q2:2020 GDP Numbers based on the Expenditure and Income...
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Global Economy: OECD Revises Global Outlook as COVID-19 Vaccine Raises Expectations
(Greenwich Merchant Bank): The Organisation for Economic Cooperation and Development (OECD) published a report on Tuesday, 1st of December 2020,...
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Domestic Economy: Corporate Income Tax Plunged 20.1% YoY on COVID-19 Pandemic
(Greenwich Merchant Bank): As revealed by a recent survey by the National Bureau of Statistics (NBS), Corporate Income Tax (CIT)...
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Global Economy: Activities Firm Up in the UK and US Economy…as Eurozone’s PMI Wanes
(Greenwich Merchant Bank): After four consecutive months of expansion, the IHS Markit/CIPS Flash UK Composite Output Index dipped from 52.1pts...
Read moreProfessional Services Sector generated the highest Company Income Tax in Q3 2020- NBS
A breakdown of the Q3 2020 data on Company Income Tax (CIT) by sectors in Nigeria, reflected that a total...
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Central Bank of Nigeria retains Monetary Policy Rate (MPR) at 11.5%
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) during its 276th meeting held on Tuesday, unanimously voted to...
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