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Financial Stability

Nigeria Hotel Association warns members: House criminals and risk shutdown

Nigeria Hotel Association president Patrick Anyanwu has warned hoteliers that sheltering criminals or internet fraud suspects will attract sanctions, including possible shutdown.

Nigeria among 117 countries without a confirmed US ambassador, State Department records show

Nigeria is among 117 countries without a Senate-confirmed US ambassador, according to a State Department document published April 8, reflecting a sweeping diplomatic gap under Trump.

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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Nigeria Hotel Association warns members: House criminals and risk shutdown

Nigeria Hotel Association president Patrick Anyanwu has warned hoteliers that sheltering criminals or internet fraud suspects will attract sanctions, including possible shutdown.

Nigeria among 117 countries without a confirmed US ambassador, State Department records show

Nigeria is among 117 countries without a Senate-confirmed US ambassador, according to a State Department document published April 8, reflecting a sweeping diplomatic gap under Trump.

Twin brother’s midnight call went silent as Boko Haram killed Brig. Gen. Braimah in Benishiekh

Brig. Gen. Oseni Braimah was speaking with his twin brother in the United Kingdom when Boko Haram struck the Benishiekh base, cutting the call dead.

IMF warns Nigerians of tougher times ahead as food, transport costs climb and debt rises

The IMF warned Nigerians face tougher near-term conditions from rising food and transport costs, even as the country's oil grades trade above $113 per barrel.