The National Bureau of Statistics (NBS), says Consumer Price Index (CPI), increased by 18.55 percent (year-on-year) in December 2016 from 18.48 percent recorded in November.
The World Bank has projected a positive outlook for global economy in the year 2017 as it foresees a moderate northward movement among emerging market and developing economy commodity exporters.
The Stanbic IBTC’s Purchasing Managers’ Index (PMI) has indicated that the index attained a five month high, which was a reflection of an improvement in the macroeconomy.
The British government is to launch a new one-pound coin at the end of March and scrap the current one pound coin by October.
Lagos State has sold N47 billion (154.50 million dollars) of bonds maturing in 2023 to help finance basic infrastructure, Gov. Akinwunmi Ambode has said in a statement, according to the News Agency of Nigeria.
Katsina State Government has keyed into the Central Bank of Nigeria (CBN) Anchor Borrowers Programme (ABP) to boost local rice production in Nigeria.
Guaranty Trust Bank has appointed Mr. Babatunde T. Soyoye as an independent non-executive director to fill the vacancy created on the Board by Mr. Andrew Alli, who retired from the bank as independent non-executive director.
Contrary to some financial analysts’ prediction that the Naira would hit 500 per dollar before the New Year, the currency has remained steady at N490 against the dollar.
The Nigerian capital market and the nation’s economy have been positioned to record more long-term debt instrument to further boost the economy and infrastructural developments.
Stanbic IBTC Holdings, a member of Standard Bank Group, has announced its nine months unaudited results for the period ended 30 September 2016.