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Nigeria’s external debt rises by $11.77bn in three years
Nigeria’s external debt commitment rose by $11.77bn in the last three years, investigation has shown.
According to debt…
Manufacturing Index Expands for 17th Month to 57.1 per cent — CBN
For the 17th consecutive month, the Manufacturing Purchasing Managers’ Index (PMI) grew in the month of August 2018 to 57.1 index…
Sanctions: MTN fires back at CBN, denies involvement in illegal…
MTN Nigeria on Thursday refuted the claims by the Central Bank of Nigeria that it illegally, in collusion with four Nigerian banks…
Fed Govt, states debts increase to $22b – DMO
The Debt Management Office (DMO) on Wednesday put Nigeria’s external debt stock at $22 billion.
Out of the amount, the Federal…
FG denies nursing plans to sell NLNG
The federal government on Tuesday, denied that there were plans to sell the Nigerian Liquefied Natural Gas Limited (NLNG).…
JUST IN: Nigeria’s economy declines as GDP shrinks from 1.95% to 1.5% in Q2
The National Bureau of Statistics (NBS) on Monday released the Gross Domestic Product (GDP) growth rate for the second quarter of…
CBN injects $543m, CNY 63m into Forex market
The Central Bank of Nigeria (CBN) has boosted the operations of the inter-bank foreign exchange market with about $543.22 million…
Nigerian banks record N1.6trn ATM transactions in three months
The National Bureau of Statistics (NBS) has revealed that transactions valued at N1.6 trillion were recorded in Q2 2018 by banks…
Banks’ lending to private sector declines by N600.60b in Q2 – NBS
The total loans granted by Nigerian banks to the private sector declined from N16 trillion in the first quarter of 2017 to N15.34…
Oil, manufacturing sectors got highest credits from banks in second quarter…
The oil and gas and manufacturing sectors got the highest credits from banks to the private sector at N3.45 trillion and N2.02…