Dr. Tunde Lemo, a former Deputy Governor of the Central Bank of Nigeria, cautioned against the hasty implementation of a free-floating exchange rate for the Naira....
The Association of Senior Staff of Banks, Insurance, and Financial Institutions (ASSBIFI) has issued a dire warning to Heritage Bank Plc., sparking a potential labor dispute...
In the first half of 2023, Nigeria resorted to foreign borrowing, securing a total of $1.21 billion in loans to bolster capital importation. A recent report...
Nigeria’s external reserves have experienced a significant decline of $841.75 million between July and September 2023, according to data from the Central Bank of Nigeria (CBN)....
The National Broadcasting Commission (NBC) has issued a stern final warning to Arise Television, a prominent news outlet, over the consistent use of derogatory and incendiary...
Nigeria’s insurance sector reported a surge in premium income to N551.4 billion in the second quarter of 2023, according to data recently published by the National...
In a concerning trend, state governments in Nigeria have resorted to borrowing approximately N46.17 billion from commercial banks to meet their salary obligations in the first...
The African Export-Import Bank (AFREXIM) finds itself in a financial conundrum as it attempts to fulfill its commitment to provide a $3 billion loan to the...
To mark the 2023 Customer Service Week, Unity Bank Plc customers will win prizes while participating in engagement activities lined up for the week-long celebration. From October 2...
The Federation Account Allocation Committee (FAAC) has disbursed ₦1.134 trillion to Nigeria’s three tiers of government in June 2023. This financial windfall, revealed in the latest...
