Nine Banks’ Non-performing Loans Rise, Now N814bn   The aggregate Non-performing Loans of nine banks increased to N814.08bn in 2021, representing a 3.16 per cent increase from the N789.14bn reported. The nine banks are Access Holdings Plc, Zenith Bank Plc, Wema Bank...

FG Raises N984.28bn Via Bonds In 4 Months, Amid 2022 Budget Deficit   Following the drive to raise local funds to finance the N6.26 trillion 2022 budget deficit, the federal government has borrowed a total of N984.28 billion through FGN bonds...

SEC Pegs Amount To Be Raised From Digital Currency Offers At N10bn   The Securities and Exchange Commission (SEC) has pegged the maximum amount to be raised from Digital Assets Offering within 12 months at N10 billion. The limit is contained in...

TETFund Grants Tertiary Institutions Power To Sanction , Terminate Erring Contractors   The Tertiary Education Trust Fund (TETFund), has said it has recommended termination of contracts and sanctions for erring contractors handling projects in tertiary institutions benefiting from its interventions. Executive Secretary...

In 12 Months, Banks Attracted N6.69trn New Deposits - CBN   The value of new cash deposits attracted by banks to their vaults in the last one year rose to N6.69 trillion, the Central Bank of Nigeria (CBN) said at the...

Equities Push Global Slump With N1.17trn Gain In One Week   Nigerian equities closed weekend with net capital gains of N1.17 trillion, playing the contrarian in a week that saw most global markets posting significant losses. Benchmark indices at the stock market...