Reports

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2022 HALF YEAR REPORT

YEAR HIGHLIGHTS
1. Investment in a foreign currency denominated asset in the 1st quarter of the year.
2. Re-calibrated our loan/ investment portfolio. Withdrawal of funds placements from certain markets/sectors
3. Opened the Business up to accept deposit for the first time since the inception of business in March 2020.
4. Paid off the bank overdraft of N40million with which we began operations in the year 2020.
PERFORMANCE INDICES
LOANS N795,725,000.00
FOREIGN INVESTMENT N234,906,305.20
TOTAL N1,030,631,305.00
RUNNING LOANS
Running Loans (As at June 2022) N399,045,000.00
DEPOSIT LIABILITY
Total Deposit Liability N11,500,000.00
INCOME
Interest (Income) on loans: N84,907,090.33

2022 FULL YEAR REPORT

PERFORMANCE INDICES
LOANS N1,091,578,750.00
FOREIGN INVESTMENT N234,906,305.20
TOTAL N1,326,485,055.20
RUNNING LOANS
Running Loans (As at Dec 2022) N555,503,750.00
DEPOSIT LIABILITY
Total Deposit Liability N11,000,000.00
INCOME
Total Interest income: N182,828,827.64

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