Nigeria Deposit Insurance Corporation (NDIC) has called on banks in the country to restore banking services to the North Eastern part of the country. Managing Director/Chief Executive, NDIC, Alhaji Umaru Ibrahim made this call while speaking at the Corporation’s maiden Stakeholders’ Town Hall meeting in Kano, Kano State. He said: “I want to remind all …
NDIC urge banks to restore banking services to North East Read More »
Strong indications have emerged that the leadership of the Senate and the Presidency have reached a deal on the 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper earlier rejected by the upper chamber of the National Assembly. A source close to the leadership of the Senate said this was the fallout of the meetings …
Senate Will resolve Buhari’s $30bn loan request this week – Ndume Read More »
Nov 11 Nigeria’s overnight lending rate rose to 22 percent on Friday from 13 percent last week due to tight liquidity worsened by banks inability to get access to their balances with the regulator, traders said. Traders said lenders were demanding as high as 25 percent to place funds on the market overnight and that …
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France and China will set up a fund for joint investment in overseas projects, France’s foreign minister said on Monday, as China’s voracious appetite for overseas acquisitions continues to grow despite some recent stumbles in overseas markets. “Hinkley Point is a very good example of what we’re going to do together, to win contracts in …
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