Rahma Oladosu

BoI Assets Increase By 39% To N2.38trn

BoI Assets Increase By 39% To N2.38trn   The Bank of Industry (BoI) said its asset base rose from N1.71tn to N2.38tn in 2022 financial year. The Chairman, Board of Directors (BoI) Mallam Aliyu Dikko, disclosed this during the bank’s 63rd annual...

Global Oil Demand To Rise By 2.33m bpd In 2023 – OPEC

Global Oil Demand To Rise By 2.33m bpd In 2023 – OPEC   For the third month running, the Organisation of Petroleum Exporting Countries (OPEC )has barely changed its forecast of global oil demand, predicting growth of 2.33 million barrels per...

Nigeria Imported N1.5trn Raw Sugar In Six Years

Nigeria Imported N1.5trn Raw Sugar In Six Years   Nigeria’s importation of raw sugar rose to N1.54tr between 2017 and 2022, an analysis of quarterly reports of the country’s foreign trade reports released by the National Bureau of Statistics (NBS) has...

In Three Months, Commercial Papers Hit N539bn

In Three Months, Commercial Papers Hit N539bn   The value of quoted commercial papers on the FMDQ Exchange stood at N539.22bn at the end of the first quarter of 2023 with the total outstanding value of CPs rising to N669.36bn at...

CIBN Revenue Rises By 16% To N2.06bn In 2022

CIBN Revenue Rises By 16% To N2.06bn In 2022   The Chartered Institute of Bankers of Nigeria (CIBN) said its revenue rose by 16.9 percent to N2.06 billion in 2022 from N1.76 billion in 2021. The Institute also said that its net...

Equity Market Rebounds As Investors Gain N15bn

Equity Market Rebounds As Investors Gain N15bn   The Nigerian Exchange Limited (NGX) saw mixed sentiments on the trading floor this past week, which resulted in a gain of N15bn for investors. Trading activities opened on a positive note at the start...
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