Commercial Banks’ Liabilities, Assets Now N41.42trn   Total assets and liabilities of commercial banks amounted to N41.42tn at the end of October 2019, showing 4.6 per cent increase when compared with the level at the end of the preceding month. The Central Bank of Nigeria disclosed in...

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...

AMCON Takes Over Firm’s Assets Over N3.6bn Debt   The Asset Management Corporation of Nigeria has taken over Bao Yao Futurlex Iron & Steel Company Limited in Abuja and Bao Yao Huan Jian Iron & Steel, Calabar, Cross River State. This follows an order by Justice B.F.M....

NIMENA Laments Decaying Maritime Assets   The Nigerian Institution of Marine Engineers and Naval Architects has flayed the high level of decay and outdated assets in the nation’s maritime industry, saying that the industry offers huge opportunities for the country to harness and shore up its...

NEITI To Unveil Owners Of Mining, Oil Assets In 2019   The Nigeria Extractive Industries Transparency Initiative (NEITI) has set December 31, 2019, for the unveiling of a comprehensive register of beneficial owners of oil, gas and mining companies in Nigeria. The Executive Secretary, NEITI, Dr. Waziri...

Pension Assets Hit N8.23tn Increase Total assets under the Contributory Pension Scheme rose to N8.23tn at the end of the second quarter of 2018, figures obtained from the National Pension Commission on Thursday showed. The figures specifically indicated that the number of contributors grew by 312,291...