Nigerian stock deals jumped 44% due to bank recapitalization efforts, signaling increased investor confidence and optimism in the financial sector’s stability.
The CBN's bailout has facilitated a merger between Unity Bank and Providus Bank, creating a stronger entity poised to enhance Nigeria's banking sector.
The ACAMB has confidently backed the CBN's bank recapitalization plan, ensuring stakeholders that Nigerian banks are secure and poised for robust economic support.
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.
The UN condemns the abduction of more than 200 pupils and teachers in Niger State and urges authorities to protect schools and secure the victims’ safe return.
Nigerians are dealing with nonstop reports of kidnappings, attacks and insecurity. These seven practical steps can help people manage the emotional weight and stay grounded.