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What might seem like minor deductions, when accumulated, create a significant burden often unaccounted for by consumers.Ozovehe Blessing, an Abuja-based school teacher, regularly sends money to her ...
Nigeria has become a fertile ground target for Ponzi schemes, with millions of unsuspecting investors losing life savings in a cycle of financial deception and unfulfilled promises. From digital ...
Nigeria’s debt service burden is set to grow significantly in 2025, intensifying the strain on government finances ...
The meltdown has prompted regulatory bodies to step in and investigate the practices of cbex. This increased scrutiny is a crucial step toward ensuring that digital trading platforms adhere to ...
The Central Bank of Nigeria, CBN, has cautioned deposit money banks against sourcing capital from illicit channels as part of the ongoing recapitalisation exercise. It stressed that such actions could ...
BCEAO has ended its special accounting treatment for Niger’s government bonds, effective April 15, 2025. This move threatens banks in the West African Monetary Union (WAMU), many of which are heavily ...