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Financial Stability

New IGP Disu Flags Middle East Risk After Swearing-In

Tunji Disu took the oath as Nigeria's 23rd Inspector-General of Police on Wednesday and immediately flagged Middle East tensions as a domestic security concern.

Nigeria Metering Rate Hits 57 Percent But Millions Still Waiting

Nigeria's electricity firms installed 677,942 meters in 2025, pushing the national metering rate to 57.27 percent, but roughly 5.2 million customers still have no meter.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

13 Banks to Raise N3.31 Trillion, CBN Sets New Capital Rules

In response to CBN's updated capital requirements, Nigerian banks are tasked with raising N3.31 trillion, aiming to bolster financial resilience and support economic growth.

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...

Risevest Opens Doors to U.S. Property Investments for Nigerians

Risevest, a revolutionary investment platform, is empowering Nigerians to secure U.S. properties, fostering financial...

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New IGP Disu Flags Middle East Risk After Swearing-In

Tunji Disu took the oath as Nigeria's 23rd Inspector-General of Police on Wednesday and immediately flagged Middle East tensions as a domestic security concern.

Nigeria Metering Rate Hits 57 Percent But Millions Still Waiting

Nigeria's electricity firms installed 677,942 meters in 2025, pushing the national metering rate to 57.27 percent, but roughly 5.2 million customers still have no meter.

NIPCO Gas Builds 20 CNG Stations in Nigeria Expansion

NIPCO Gas Limited is building 20 new compressed natural gas stations across Nigeria and laying an 80-kilometre pipeline from Sagamu to Ibadan, due by mid-2026.

El-Rufai Refuses to Answer ICPC Questions, Says Corruption Probe Is Political Persecution

El-Rufai has refused to answer ICPC questions in custody, calling the corruption probe political persecution targeting opposition leaders.