Tag: Central Bank of Nigeria

NBS projects 11.91% Inflation Rate by 2015

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The National Bureau of Statistics (NBS) has projected an Inflation Rate of 11.91 percent (11.91%) in year 2015 in its review of the Nigerian Economy in 2011 and Outlook for 2012-2015. The NBS in the Report affirmed that although trending downwards since January 2009, the […]

UBA, Zenith top list on disbursement of Agric Credit

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-United Bank for Africa Plc (UBA) and Zenith Bank Plc are amongst the highest disbursing Banks on Commercial Agriculture Credit Scheme (CACS) in July 2012. According to the Economic Report for July 2012 by the Central Bank of Nigeria, data made available to www.investadvocateng.com shows […]

Banks Credit to Private Sector rises by 1% in July 2012-CBN

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Banking system Credits to the Private Sector has risen to N14.845 billion in July 2012 indicating a rise of 1.0 percent (1.0%). This is contained in the Central Bank of Nigeria’s (CBN’s) Economic Report for the Month of July 2012. According to the CBN’s Economic […]