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Financial Stability

Rivers State Sole Administrator Ibas Releases Withheld Local Government Allocations

KEY POINTS Rivers State Sole Administrator Ibok-Ete Ibas has released withheld local government allocations,...

Civil Society Groups Condemn State of Emergency in Rivers

KEY POINTS Civil society groups have condemned the declaration of a state of emergency...

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...

Latest articles

Rivers State Sole Administrator Ibas Releases Withheld Local Government Allocations

KEY POINTS Rivers State Sole Administrator Ibok-Ete Ibas has released withheld local government allocations,...

Civil Society Groups Condemn State of Emergency in Rivers

KEY POINTS Civil society groups have condemned the declaration of a state of emergency...

9mobile Refutes Shutdown Rumours, Pledges Improved Services

KEY POINTS 9mobile has dismissed the network shutdown speculations because these claims lack basis...

Customs Intercepts $193,000 Concealed in Yogurt Carton

KEY POINTS The Customs authorities discovered $193,000 worth of concealed funds concealed inside a...