BoI Group Assets Rise to N2.38trn   The Bank of Industry Group (BoI) revealed that its total asset rose by 39.2 per cent to N2.38trn as of the end of 2022 financial period. It said in a statement on Monday that the...

External Reserves Fell to $35bn in Two Weeks - CBN   The Central Bank of Nigeria report has revealed the country’s external reserves fell by $112.78m in two weeks to $35.42bn Figures obtained from the CBN’s data on the movement of external...

NRC Debt Servicing Hit N111bn, Generates N12bn – Report The Federal Government has spent $247.98m (which amounts to N111.23bn using the Central Bank of Nigeria’s December 30, 2022, official exchange rate of N448.55) servicing railway debts in the last two...

Buhari Says Marginal Oilfields Sale Generated N203bn   President, Muhammadu Buhari says the Federal Government under his watch made over N203bn from the sale of petroleum prospecting licenses to 161 firms in its last marginal fields bid round. “We implemented a marginal...

Naira Falls at Parallel Market, Gains at Investors’ Window   Naira performance on Monday in the currency market varied across market segments. At the parallel market, the naira weakened by 0.41 per cent to close at N741 against the greenback; while at...

Striking Aviation Workers Shun Govt Plea, Insist On Total Shutdown   Aviation workers have threatened to shut down the country’s airports, as they enter the second day of their strike to the Federal Government failed to meet their demands. This was despite...