Banks’ Total Assets Rise By N16.65trn   The Central Bank of Nigeria (CBN) has revealed that banks’ total assets from April 2022 to April 2023 rose by N16.65 representing a 25.88 per cent adding that Industry credit also increased by N4.54 trillion during the period under...

Banks’ Total Assets Rise By N6.97trn In A Year       The total assets in the banking sector rose by N6.97tn between April 2020 and April 2021, according to the Central Bank of Nigeria. Despite the effect of the COVID-19 pandemic, the assets rose from N46.2tn to N53.17tn...

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...

Insurance Firms’ Total Assets Now N1.3trn   THE total asset of 58 insurance companies as at 2018 stands at N1.3trn, Acting Commissioner, National Insurance Commission (NAICOM), Mr Olorundare Sunday Thomas has said. This is coming after some years of non-availability of the true financial position of the...

Insurance Firms' Total Assets Hit N1.08trn   The total assets of 58 Insurance Companies in the country have increased to N1.08 trn with the figure expected to rise to about N1.2 trillion by the time all underwriting firms release their 2018 financial statements. Total Assets refers to...