In Three Months, 12 Nigerian Banks Lend Customers N690bn       The combined loan portfolio of 12 commercial banks in Nigeria rose by N690bn in the first three months of this year, data collated from their unaudited financial statements show. The loans and advances to their customers grew...

Credit To Private Sector Rises To N31.822trn       Banking sector credit to the private sector increased year-on-year by N382 billion to N31.823 trillion as of April, up from the N31.440 trillion it was as at the end of March. The data were compiled from the latest Central...

Solid Mineral Exporters Owe N17bn Royalties — Minister       The federal government has disclosed that solid minerals exporters have failed to remit about N17bn in royalties to her. Only 56 of the 2,670 mineral exports from Nigeria between January 2013 and June 2017 had valid mineral export...

FG Releases N5bn Aviation Bailout, Bars 22-year Aircraft From Nigeria       The Permanent Secretary, Federal Ministry of Aviation, Hassan Musa on Monday told the House of Representatives that the Federal Government had released N5bn out of the N26bn approved as COVID-19 intervention fund for the aviation...

Our Assets Rose To N1.86trn In 2020 - BoI       The Bank of Industry, has disclosed that despite the adverse impacts of the COVID-19 pandemic and the fall of crude oil prices, its 2020 performance showed strength and resilience. According to the bank’s chairman, Mr Aliyu Dikko,...

BoI’s Assets hit N1.8trn       Bank of Industry’s (BoI’s) total assets grew to N1.86 trillion during the 2020 financial year, despite the negative impacts of the COVID-19 pandemic on global economies. BoI’s Chairman, Aliyu Dikko, who made this known at its 61st Annual General Meeting , in...