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Financial Stability

US visa ban imposed on Nigerian Supreme Court justices, retiring jurist says

Retiring Justice Uwani Abba-Aji says the U.S. barred all members of a Nigerian Supreme Court panel from travel after a judgment she called widely misinterpreted.

Nigeria earmarks 2.1 billion naira to revive OAUTHC renal program

Nigeria's federal government has appropriated 2.1 billion naira to revive kidney care at Obafemi Awolowo University Teaching Hospitals Complex, its chief medical director says.

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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US visa ban imposed on Nigerian Supreme Court justices, retiring jurist says

Retiring Justice Uwani Abba-Aji says the U.S. barred all members of a Nigerian Supreme Court panel from travel after a judgment she called widely misinterpreted.

Nigeria earmarks 2.1 billion naira to revive OAUTHC renal program

Nigeria's federal government has appropriated 2.1 billion naira to revive kidney care at Obafemi Awolowo University Teaching Hospitals Complex, its chief medical director says.

Nigeria’s fiscal deficit hits 4.69 trillion naira in Q1 as revenue falls short

Nigeria's government ran a 4.69 trillion naira fiscal deficit in the first quarter as revenue fell far short of target and foreign loans stalled.

Nigeria’s state police bill heads to Tinubu after 28 states approve

Nigeria's National Assembly will send the state police bill to President Bola Tinubu for assent after verifying approval from 28 of 36 state legislatures.