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Nigerian Equities Net N2.35trn Gain In November

Nigerian Equities Net N2.35trn Gain In November         Investors in Nigerian equities recorded their biggest gain in recent months in November as sustained bargain-hunting saw the market closing with a net capital gain of N2.35 trillion, about 22 per cent above N1.93 trillion recorded as net...

Currency In Circulation Rises To N2.35trn

Currency In Circulation Rises To N2.35trn     Despite lockdown introduced to contain the spread of COVID-19 in the country, huge cash transactions in the economy had continued to rise as currency in circulation rose to N2.35tn in May. Statistics obtained from the Central Bank of Nigeria on...

Bank Loans Increase By N2.35trn

Bank Loans Rise By N2.35trn   Despite an increase in bank credit to the private sector, the non-performing loans stood at 6.54 per cent as of February, 1.54 per cent above the prudential benchmark set by the Central Bank of Nigeria. Credit to the private sector rose...