Some financial experts on Wednesday said that the high Gross Domestic Product rate being recorded by Nigeria had not impacted positively on the living conditions of Nigerians. The experts told the News Agency of Nigeria in Lagos that the statistics only reflected productivity, but not real development. According to them, […]
Tag: Nigeria
Nigeria plans 101 bln naira T-bill auction
Nigeria plans to issue 101.21 billion naira ($641.18 million) in treasury bills ranging from 3-month to 6-month maturities at its regular bi-monthly debt auction on Thursday, the central bank said on Tuesday. The bank said it will issue 37.48 billion naira in 91-day paper and 63.73 billion naira in 182-day […]
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 […]
