Tag: Financial Stability

The Dangote Refinery has announced plans to sell a 12.5% stake to raise funds, according to a report by Fitch ...

The International Monetary Fund (IMF) has released a report identifying ten African countries grappling with substantial debt burdens. These nations, ...

Nigeria’s external reserves have surged to a significant milestone, hitting $34.07 billion in June 2024. This is the highest level ...

The Nigeria Deposit Insurance Corporation (NDIC) has introduced significant adjustments to the maximum deposit insurance coverage levels across various sectors ...

The Nigeria Deposit Insurance Corporation (NDIC) has announced the reimbursement of depositors from 179 liquidated microfinance and four mortgage banks ...

Nigeria's monetary landscape witnessed a monumental surge as the broad money supply skyrocketed to a historic high of N93.72 trillion ...

In a stark illustration of the economic challenges facing Nigeria, the Federal Government's budget has seen a significant surge in ...

In response to the growing concerns over reported shortages of naira notes in the country, the Central Bank of Nigeria ...

In a significant turn of events, the Nigerian Naira has shown signs of stabilization on the country's unofficial foreign-exchange market, ...

The recent announcement by Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), regarding the proposed bank recapitalization ...