Nigerian Banks Face Legacy Challenges Amid Looming Recapitalization Deadline
Moody's Ratings has highlighted that Nigerian deposit money banks are grappling with significant legacy exposures stemming from the Central Bank ...
Tag: Economy news
Nigeria Loses $500 Million Annually Due to Delays in Cargo Tracking Implementation
The Nigeria Shippers Council (NSC) has revealed that the country loses $500 million each year due to significant delays in ...
World Bank Advises CBN to Limit Forex Auctions, Deepen Market Transparency to Strengthen Naira
The Central Bank of Nigeria (CBN) has been urged by the World Bank to avoid frequent interventions in the foreign ...
Government Urged to Prioritize Rubber Production for Economic Growth
The National Rubber Producers, Processors, and Marketers Association of Nigeria (NARPPMAN) in the South-West has called on the federal government ...
IMF Warns: Nigeria Must Prioritize Social Support Amid Economic Reforms
The International Monetary Fund (IMF) has raised alarms about Nigeria's slow implementation of social measures designed to alleviate the hardships ...
Agbeyewa Farms Set to Transform Nigeria’s Cassava Value Chain for Economic Growth and Job Opportunities
Agbeyewa Farms, part of Cavista Holdings, is driving a new vision for Nigeria’s cassava value chain, aiming to make agriculture ...
Tinubu Urges Commonwealth Nations to Boost Trade and Prioritize Food importation from Africa
President Bola Tinubu has called on economically advanced Commonwealth nations to strengthen trade ties with Africa by prioritizing imports of ...
