Looming crisis: financial stability risk on the rise
The interest rate increases and volatile markets point to rising financial stability risks as Central Banks accelerate monetary policy tightening...
House of Reps directs CBN to suspend sale of Polaris Bank
The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank...
Ghana’s inflation rate surged for the 16th consecutive month to 37.2%
Ghana’s annual inflation rate surged for the 16th consecutive month to 37.2% in September of 2022, from 33.9% in August...
Nigeria money supply hits N49.3 trillion highest level on record.
Nigeria money supply hit its highest level on record, at about N49.3 trillion. This indicates a 9.9% gain from December...
Nigeria in Talks With World Bank and IMF on Debt Restructuring
Finance Minister, Zainab Ahmed, has disclosed that Nigeria is working on restructuring its debt as it is confronted with a...
Naira Slips to N441.17/$1 at the I&E Window, Weakens at the Black Market
Tuesday, October 11, 2022: The Nigerian Investors and Exporters (I&E) FX Window opened the trading session on a bearish note...
CBN “Ways and Means” Loan to the FG Rises to N22 Trillion as of August 2022
The Federal Government of Nigeria, as of August 2022, has a total debt obligation of N22 trillion to the Central...
DMO Offers 3 FGN Bond Re-openings for Subscription by Auction
The Debt Management Office of Nigeria (DMO) has on behalf of the federal government of Nigeria offered for subscription by...
Shell Investigates NNPC’s Claim on Illegal Pipeline
Shell is probing NNPC’s discovery of an illegal connection to its Trans-Escravos pipeline carrying oil into the sea. The oil...
Naira exchanges with the dollar for N729 at the black market
Tuesday, October 11, 2022: The exchange rate between the naira and dollar at the parallel (black) market stands at about...
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