Leading Banks Struggle with Capital Deficits: Zenith Bank and Others Strive to Meet CBN Standards
The Central Bank of Nigeria (CBN) has unleashed a wave of stringent capital requirements, shaking up the country's banking sector. ...
Tag: financial challenges
Ethiopia Navigates Debt Relief and Restructuring Amid Economic Challenges
In a bid to alleviate economic pressures exacerbated by a civil war in the Tigray region, Ethiopia has reached a ...
FG Revenue dropped by N15.7 Trillion Over Eight Years
Nigeria's federal government has faced a significant revenue challenge, experiencing a shortfall of N15.7 trillion over the past eight years, ...
Nigeria Seeks $7 Billion from NLNG Dividends to Address Forex Shortage
Nigeria is pursuing a strategy to securitize five years' worth of dividends from the Nigerian LNG Limited (NLNG), with the ...
Forex Crunch Forces Banks to Halt PTA and BTA Services
In the wake of unprecedented foreign exchange challenges, several banks in Nigeria have ceased providing forex services to their customers, ...
Understanding Inflation: How Rising Prices Impact Your Finances.
In today's fast-paced world, it's easy to notice that the money you used to comfortably spend doesn't go as far ...
Credit Suisse to Slash 80% of Investment Bank Jobs in Hong Kong.
UBS, a Swiss multinational investment bank, finalized its acquisition of Credit Suisse's troubled peer in June after a series of ...
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