12 Banks Earned N461.51bn Interest In Three Months
Twelve commercial banks in Nigeria earned a total of N461.51bn in net interest income in the first three months of this year, up from N451.14bn in the same period of 2020.
An analysis of data from their unaudited...
External Reserves Shed $567m In Two Weeks
The nation’s external reserves fell by $567 million in the first two weeks of this month.
According to the latest data from the Central Bank of Nigeria (CBN), the reserves dropped to $34.846 billion on Tuesday December 15th from...
#EndSARS Protest Disruption Costs Economy N1.5trn
The economic cost of the #EndSARS protest disruption is estimated at N1.5tn, approximately 1.03 per cent of the GDP and 11.47 per cent of the 2021 budget, Financial Derivatives Company Limited has said.
“This suggests that the economic recovery path...
