Investors Earn N2trn On Nigerian Equities In January Investors in Nigerian equities earned more than N2 trillion in net capital gains last month, as the Nigerian stock market extended its bullish rally into the third consecutive year. Nigerian equities closed yesterday with average year-to-date return of...

Consumer Loans Rise By 37%, Now N2trn   The upward trend in consumer loans persisted as at October last year, rising 37 per cent, year-on-year, YoY, to N2 trillion, driven by improved credit appraisal and products diversifications offered by banks and other lenders. Volume of consumer...

Customs Target N2trn Annual Revenue   The Nigeria Customs Services is planning to generate N2tn this year and about N1.6tn of this amount is expected to be made from the South-West geopolitical zone. According to a report, the NCS generates about 80 per cent of its annual...

'Petrol Subsidy May Gulp N2trn This Year'     Nigeria may end up spending N2tn on petrol subsidy this year if the current situation persists, the Group Managing Director, Rainoil Limited, Dr Gabriel Ogbechie, has said. Ogbechie said this on Sunday at the Nigeria History Series of the...

Over N2trn Remitted Through Our Work, Says FRC Boss       The Fiscal Responsibility Commission (FRC) says it has caused over N2tn to be remitted into Consolidated Revenue Account federation account since inception in 2007. The chairman of the commission, Victor Muruako stated this when he appeared before...

NNPC, NPA, Others To Face Senate Panel This Week Over Unremitted N2trn       The Senate Committee on Finance has sent out invitations to heads of 60 government-owned firms to start appearing before it from this week. They are to explain their failure to remit various funds running...