Banks in Nigeria will drop below minimum capital buffers required by regulators should the economy shrink further this year, according to stress tests done by the...
By Lukman Otunuga, Senior Research Analyst at FXTM How Nigeria navigates through the coronavirus storm will certainly influence its economic outlook well beyond 2020. Over the...
African Union (AU) has revealed that about 20 million jobs are at risk on the continent as a result of the impact of the coronavirus pandemic....
The International Monetary Fund (IMF) has warned that the global economy will likely suffer a severe recession worse than that of the 2008 global financial crisis...
International Monetary Fund (IMF) has said the directive from the Central Bank of Nigeria (CBN) that deposit money banks should achieve a minimum loan-to-deposit ratio could...
Findings in separate reports released by the IMF, World Bank and GSMA support the notion that mobile money growth in Sub-Saharan Africa will increase substantially in...
Mr Jim Kim, World Bank Group President, has urged African countries to grow with the ditilised economies and the spread of advanced technologies, in order not...
Economic and Financial Crimes Commission (EFCC) has said that $182 billion was siphoned from the country and laundered in past nine years. Kwarbai Latong, head, Legal...
As if the suffering is not enough, the International Monetary Fund (IMF), has called on Nigeria to further devalue the Naira in order to protect the...
Banks in Nigeria particularly the big four banks considered “too big to fail” are all in the market shopping for some N405 billion from both local...
