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Tag: N1.01 Trillion

Microfinance Banks’ Total Assets Rise To N1.01trn

Microfinance Banks’ Total Assets Rise To N1.01trn     The total assets of the microfinance banks rose by N251.02bn from N758.98bn as of the end of July 2020 to N1.01tn as of the end of December 2020 as the firms moved to achieve their recapitalisation requirements. This was...

In Two Years, Foreign Stock Investors Withdraw N1.01trn

In Two Years, Foreign Stock Investors Withdraw N1.01trn       Foreign investors pulled out a total of N1.01tn from the nation’s stock market in the past two years, according to the Nigerian Stock Exchange. The NSE data also showed that the foreign portfolio investors injected N666.40bn into the...

FG Suffers N1.01trn Revenue Shortfall

FG Suffers N1.01trn Revenue Shortfall   The negative impact of the Coronavirus pandemic has resulted in the Federal Government recording a revenue shortfall of about N1.01tn in the first quarter of this year. The drop in revenue, according to documents obtained by thewhistler.ng from the Budget Office...