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Inflation Rate Rise to 33.69% in April 2024 - NBS
The National Bureau of Statistics (NBS) released updated data on Wednesday, revealing that the country's inflation rate reached a new high of 33.69% in April 2024.The most recent inflation rate releas...
Stanbic IBTC Holdings Plc Profit Climbs to a New High in Over 13 Years
According to data from BusinessDay, Stanbic IBTC Holdings Plc's generated profit in the first quarter (Q1 2024) of this year was the highest in at least 13 years.In the first quarter of 2023, its pre-...
Stanbic IBTC Holdings Plc Seeks to Raise N550 Billion to Meet CBN’s Requirements
In its recent report, Stanbic IBTC Holdings Plc announced that the firm plans to raise over N550 billion through a debt issuance program and a rights issue.The bank, in a notice filed with the Nigeria...
Nigeria's Inflation Hits 33.20% in March 2024 - NBS
The National Bureau of Statistics (NBS) reported Monday that Nigeria's annual inflation rate rose to 33.20% in March from 31.70% in February.According to the statistics office, the headline inflation ...
Nigeria’s Public Debt Rises to N97.34 Trillion in Q4 2023 - NBS Report
In Q4 2023, it was gathered that Nigeria's public debt stock rose from N87.38 trillion (US$113.42 billion) in Q3 2023 to N97.34 trillion (108.23 billion dollars) in the fourth quarter.The National Bur...