Banks’ Consumer Loans Increases By 31% To N2.55trn On Rising Inflation
On the back of rising inflation rate in Nigeria, banks’ consumer loans rose by 31 per cent or N615.82 billion in one month to N2.55trillion in July 2022 from...
Kogi, China Plan N591bn Investments, 685,000 Jobs
Kogi State Government has signed a Memorandum of Understanding with Chinese investors for the provision of technology security architecture to track movement in and out of the state from a central control centre....
Marketers Project N350/litre Pump Price As Depots Sell N220/litre
The pump price of Premium Motor Spirit, popularly called petrol, could hit N400/litre at most filling stations before the end of this year, going by the continued scarcity of the...
Emefiele Says Non-Oil Exporters Fetched Nigeria N2.1trn Forex This Year
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said $4.987 billion (about N2.1 trillion) has been repatriated to Nigeria by non-oil exporters so far in 2022.
Emefiele,...
Oil Price Gains 2%, Rises To $85/Barrel
The global benchmark for crude oil, Brent Crude, has risen by 2.5 per cent and traded above $85 on Tuesday as a result of expectations that China might ease its COVID-19 restrictions.
Oil market...
Marwa Tasks Military Officers on Book Writing as AVM Olatunde Unveils Handbook On Net Assessment
The Chairman of the National Drug Law Enforcent Agency (NDLEA), Brig.-Gen. Buba Marwa, (Retd) has called on military officers to imbibe the culture of book...
