The Nigerian electricity sector faced a downturn in the fourth quarter of 2024 (Q4 2024), as the electricity production index ...
In response to concerns raised by depositors of the defunct Heritage Bank, whose balances exceed the maximum deposit insurance limit of N5 million, the Nigeria Deposit Insurance Corporation (NDIC) ...
The Central Bank of Nigeria Governor Olayemi Cardoso has said that women constitute 35 percent of Nigerian banks appointed ...
Heritage Bank liquidation dividends for uninsured depositors to commence April 2025. NDIC prioritizes deposit liabilities.
The Bank of Ghana and the Central Bank of Kenya will pause cutting interest rates at their upcoming meetings and resume in ...
The increase was due to payments to China’s Exim Bank, which rose to $182.04 million in Q3. Other creditors include the Exim ...
(Bloomberg) -- Nigerian lenders are tapping expensive short-term commercial papers to plug temporary liquidity gaps as the ...
Depositors of Heritage Bank with deposits exceeding N5 million have appealed to the National Assembly to intervene and assist ...
The Nigeria Deposit Insurance Corporation (NDIC) has provided clarity on the delays surrounding the payment of uninsured sums.
“At the CBN, we are proud to be part of this global movement. Women now make up 35 per cent of recently appointed directors ...