May 2023

Wema Bank supports school with furniture

Wema Bank has said it donated chairs and tables to Isale Eko Grammar School, in Lagos State. A statement said the act was made possible through Wema Bank’s corporate social investment initiative, the “Salary for Love” campaign. It said Wema…

FG borrowed N6trn from CBN in 2022 — Report

The Federal Government borrowed N6.07trillion from the Central Bank of Nigeria (CBN) through Ways and Means Advances in 2022, according to recent data from the apex bank. This pushed the Federal Government’s borrowing from the CBN from N17.46trillion in December…

NNPCL subsidiary generates N256bn — Report

The Nigerian National Petroleum Company Retail Limited, a retail subsidiary of the NNPC Limited group, raked in total revenue of N255.6billion in its 2022 financial year, data from the report on key achievements in 2022 by NNPCL downstream directorate showed.…