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Keep An Eye On Nigeria Fantastic Array Of News About Nigeria's Economy ■ Oil by SternProphet: 10:55am On May 12, 2018 |
*Copied from twitter* Keep an eye on nigeria Fantastic Array of News About Nigeria's Economy ■ Oil prices over $77/pb ■ CBNs Investors & Exporters window is doing monthly inflows of over $5 billion ■ CBN sales in the FX market down by 69% in April from $1.3b to $420m ■ Reserves rise to $47.8bn providing over 13 months of import cover ■ 91 days TB down to 10% ■ International air load to/fro Nigeria increases by over 90% ■ Retail consumer traffic increase in malls. Vacancy rates reducing ■ Corporate earnings back with a bang ■ Inflation still on a downward trajectory ■ N1.17trn tax revenue collected in Q1-2018 as against N778m in Q1-2017 ■ Bank lending rates are coming down. Now offering loans at between 16% - 17% for fixed tenors ■ Impact of the Yuan swap will kick in by June ■ NCS confirmed a 558.4% increase in Farm produce export ■ Various rail projects nearing completion will increase aggregate GDP. ■ The Largest rice mill in SSA (Sub-Saharian-Africa) with 32 metric tons per hr production capacity (130million Kg of processed rice per year) located in Imota Lagos will be ready in Jan 2019. Mill will employ over 200k people. ------------------------ Me: There are good news about Nigeria that give citizens hope, and there are bad news that bring gloom to all. Choose the one you like to spread, i have chosen to spread the good news about my country, i have chosen to bring you news of hope all the time. Nigeria shall be great in my lifetime |
Re: Keep An Eye On Nigeria Fantastic Array Of News About Nigeria's Economy ■ Oil by ashjay001(m): 11:10am On May 12, 2018 |
Bad news, mostly, over-shadows, good news. Esp, when u're hated |
Re: Keep An Eye On Nigeria Fantastic Array Of News About Nigeria's Economy ■ Oil by gidgiddy: 11:12am On May 12, 2018 |
Nigeria is "unity because of oil money" |
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