NDIC Boosts Deposit Funds to Protect Depositors
By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation (NDIC) says it is intensifying efforts to strengthen its Deposit Insurance Funds (DIFs) as part of measures to safeguard Nigeria’s financial system and protect bank depositors. The Managing Director and Chief Executive of the NDIC, Thompson Sunday, disclosed this during a courtesy visit to the Director-General of […]
CBN Warns States Against Excessive Borrowing
By Oluwkemi Kindness The Central Bank of Nigeria has warned that reckless borrowing, unplanned spending, and poor fiscal coordination by State Governments could undermine Nigeria’s planned transition to an Inflation Targeting monetary policy framework. Speaking during an engagement with sub-national stakeholders organised through the Nigeria Governors’ Forum Secretariat, the Deputy Governor in charge of Economic […]
Tinubu Calls for Stronger Social Protection at ISSA Seminar
By Chinedu Echianu President Bola Tinubu has called for stronger, more inclusive and better-communicated social security systems across West Africa, warning that millions in the region remain vulnerable to economic shocks and workplace risks. The President, represented by the Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, made this known on Wednesday while declaring […]