Nigeria’s worsening IDP crisis

By Shu’aibu Usman Leman Nigeria is confronting one of the gravest humanitarian crises in its recent history, as the displacement of millions of citizens continues to erode the social and economic fabric of the nation. Far from being a mere statistic, the scale of displacement underscores the collapse of communities, the loss of livelihoods, and…

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CBN expresses concern over growth in foreign currency exposures, issues  new directives to banks on  risks management

The Central Bank of Nigeria (CBN), has expressed concern over the growth in foreign currency exposures of banks through their Net Open Position (NOP). The apex bank disclosed this in a circular published on Wednesday on its website. The circular was signed by its Director, Trade and Exchange, Dr. Hassan Mahmud and the Director, Banking…

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