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26
Oct
Nigeria: Economic Statistics and News Brief (October 15-19, 2018)
1.1 Inflation Data from National Bureau of statistics show that Nigeria’s annual inflation rate rose to 11.28% in September of 2018 from 11.23% recorded in August, the highest inflation rate since May when it was roughly 11.6%. The Bureau stated that the 0.05% increase is mainly attributable to the...
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21
Sep
Nigeria: Economic Statistics and News Brief (September 10-14, 2018)
1.4 International Oil Prices All oil prices seem to follow the same pattern, as they remained approximately the same throughout the week. However, as it has been for months now, WTI oil price is slightly lower, and Bonny light is slightly higher than the rest. Please click the link...
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28
Aug
Nigeria: Economic Statistics and News Brief (August 20-24, 2018)
1.1 Inflation Average Inflation (CPI) for July 2018 is 11.14%, which is a steady reduction from 11.23% in June 2018, 11.61% in May 2018, and 15.13% in January 2018. It is worth noting that Nigeria Inflation Rate slowed to a record 2-Year Low in July 2018. Please click the...
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13
Aug
Nigeria: Economic Statistics and News Brief (July 30 – August 3, 2018)
APC’s query to Saraki an afterthought, says Senator Chairman, Senate Committee on Banking, Insurance and other Financial Institutions, Sen. Rafiu Ibrahim, has described as an afterthought and an academic exercise, the query purported to have been issued to Senate President, Dr. Abubakar Bukola Saraki, by the leadership of the...
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31
July
Nigeria: Economic Statistics and News Brief (July 23 – 27, 2018)
1.4 International Oil Prices All oil prices seem to follow the same pattern, as they remained approximately the same throughout the week. However, as it has been for months now, WTI oil price is much lower than the rest. Please click the link below to read more. AfriHeritage News...
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18
July
Nigeria: Economic Statistics and News Brief (July 09 – 13, 2018)
FSDH Merchant Bank has projected that the federal government will borrow up to N2 trillion to finance its budget in 2018, describing the nation’s debt service-to-revenue ratio, which rose to 79 per cent in first quarter 2018, Q1’18, as very high and unsustainable. Please click the link below to...
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10
July
Conflicts in Africa caused by exclusion, neglect-Prof Akpuru-Aja
Prof. Aja Apkuru-Aja, former director of the National Institute for Policy and Strategic Studies (NIPSS), has urged all levels of government to serve the interest and welfare of everyone to avoid conflict. Akpuru-Aja, who was a keynote speaker, gave the advice during the 2018 Annual Governance Conference on “The...
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10
July
Varsity Don blames massive migration on failed leadership in Africa
A university lecturer, Mr Sam Unom, has blamed the challenges of massive migration from Africa on `series and continuous’ failed leadership in most African countries. Unom, who is a Sociology Lecturer in Benue State University, stated this to newsmen after delivering a lecture at the end of 2018 Annual...
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10
July
Complete landmark projects nationwide – Varsity Don tells Buhari
Prof. of Political Economy, Ufo Okeke-Uzodike, has advised President Muhammadu Buhari to complete all ongoing landmark projects to enhance economic development. Okeke-Uzodike gave the advice in an interview in Enugu on Wednesday. “Mr President should start to implement and complete landmark projects like the 2nd Niger Bridge, Resuscitation of...
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10
July
Nigeria: Economic Statistics and News Brief (July 02 – 06, 2018)
Nigeria: Economic Statistics and News Brief (July 02 – 06, 2018) Inflation: Average Inflation (CPI) for May 2018 is 11.61% which is a steady reduction from 12.48% in April 2018, 13.3% on March 2018, 14.33% in February 2018 and 15.13% recorded in January 2018. It is worth noting that...
AfriHeritage Blog > 2018