The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that it has paid ₦54.62 billion to 691,418 depositors of the now-defunct Heritage Bank. The Corporation also announced a liquidation dividend of …
Veteran Asia-Pacific investor and founder of the Research Alpha fund, Michael McGaughy, has praised the economic reforms introduced by the Central Bank of Nigeria and President Bola Tinubu’s administration, describing …
Nigeria’s foreign direct investment (FDI) has continued to perform below expectations, with the World Bank revealing that the country attracted less than one per cent of its GDP in FDI …
Financial analysts at Afrinvest have warned that Nigeria’s total public debt may climb to ₦180 trillion by the end of 2025 if the country’s current fiscal trajectory is not urgently …
The Central Bank of Nigeria (CBN) has launched a new digital platform to help Nigerians living abroad access banking and financial services without needing to come home physically. This new …
Rand Merchant Bank Nigeria has thrown its weight behind the economic reforms of President Bola Ahmed Tinubu, saying the policies are vital to driving trade and investment growth across West …
Nigeria has officially opened discussions with JPMorgan to re-enter its Government Bond Index for Emerging Markets (GBI-EM), almost a decade after being delisted. The Director-General of the Debt Management Office …
Nigeria’s efforts to reduce its heavy reliance on oil revenues are beginning to show results. The Nigerian Export Promotion Council (NEPC) recently reported that the country’s non-oil exports grew by …