Browsing: FG

Nigeria’s GDP grows by 1.94% in second quarter 2019

Between extortion and the sanctity of Petroleum contracts in Nigeria, DRC. Last week, a commercial court in the United Kingdom gave reason to a claim by engineering company Process and Industrial Developments Ltd (P&ID), which demands over USD$9 billion from the Nigerian government over a failed gas

Inflation slides to 11.08%, as about N10trn expects to hit financial market

FG revenues forecast to rise 22.9% on subsidy removal, market driven FX regime

Global Trinity Threats: PwC advises Nigeria’s government to take cover

“VAT payment on services by NRC may impact cost of doing business in Nigeria”

The African Development Bank’s innovative investment marketplace set up to accelerate investment into the continent, will convene for its second meeting from 11-13 November

In Nigeria, economic strategies are not alive but the need to give birth to some cannot be underestimated…

Depressing outlook as analysts cut economic estimates

Nigeria’s total debt stock rose to N24.9 trillion as at the end March 2019. This is revealed in the latest statistics released on Wednesday by the Debt Management Office (DMO).
According to the latest data released by DMO, Nigeria’s total debt portfolio increased by 2.3% to hit N24.9 trillion as of March 31, 2019, compared to N24.3 trillion in December 2018.
Meanwhile, the breakdown shows that total external debt is estimated at N7.8 trillion, constituting 31.5% of total debt, while the total domestic debt rose to N17 trillion or 68% of total debt stock within the quarter.

Detail analysis later.