Commercial Banks Liabilities, Assets Now N39.58trn   The total assets and liabilities of commercial banks in Nigeria rose from N37.14tn at the end of November 2018 to N39.58tn as of the end of August 2019. The Central Bank of Nigeria disclosed this in its economic report for...

Senate To Support $10bn NLNG Investment In Gas Sector   The Senate is throwing its full weight behind the 10billion dollars Train seven Project investment in the nation’s gas sector, by the Nigeria Liquefied Natural Gas ( NLNG). It also urged Nigerians to actively participate in the...

Exports From Nigeria To Japan Hits $922m   Nigerian exports to Japan increased by 17 per cent to $922 million in 2018, while exports from Japan to Nigeria in the same year rose by 2.3 per cent to $328 million, Japan External Trade Organisation (JETRO) has...

Nigeria Loses $120bn In Gross Freight Cost In 4 Years   The Chairman of National Fleet Implementation Committee, Mr Hassan Bello has disclosed that Nigeria recorded a loss of over $120 billion in gross freight paid to foreign vessels owners, between 2014 and 2018. Bello, who is...

In Nine Months, Banks Generate N675.9bn Non-interest Income   A total of six banks generated N675.9bn from non-interest income in the first nine months of the year, an increase of about 12 per cent from N606bn generated by the banks in the same period last year. Non-interest...

Oil Worth $42bn Stolen Ten Years - NEITI   Crude oil and refined products worth $41.9bn were stolen from Nigeria in the last 10 years, the Nigeria Extractive Industries Initiative has said. NEITI also urged the government to embrace oil fingerprinting technology, comprehensive metering infrastructure of all...