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Nigeria Deposit Insurance Corporation (NDIC) has declared a significant raise in the maximum insurance coverage.

Nigeria Deposit Insurance Corporation (NDIC) has declared a significant raise in the maximum insurance coverage.

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Global Macro Highlights the US non-farm payrolls increased at a slower pace by 175,000 jobs in April 2024 The U.S. Bureau of Labor Statistics reported that the US non-farm payrolls increased at a slower pace by 175,000 jobs in April 2024 (vs  315,000 in March

The Senate approved a 2023 supplementary budget of NGN2.17 trillion with a deficit of NGN6.25 trillion

The Senate approved a 2023 supplementary budget of NGN2.17 trillion with a deficit of NGN6.25 trillion

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Global Macro Highlights US Federal Reserve chose to keep the federal funds rate The US Federal Reserve chose to keep the federal funds rate at 5.25%-5.5%, which remains its highest level in 22 years. During the previous month, the unemployment rate climbed to 3.9%, reaching