N5.4trn debt: AMCON to seize assets of debtors, says negotiation time over
By Olamilekan FAWAS The Assets Management Company of Nigeria (AMCON) has said there will be no more room for negotiation with obligors as the company
Category : Banking
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About Banking News Today
The banking industry involves borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment.
It is majorly used to keep money safe for customers, offer customers interest on deposits, protect against money losing value against inflation, lend money to firms, customers and homebuyers, and offer financial advice and related financial services, such as insurance
This is the major reason why we keep everyone updated on the recent happenings in the financial industry.
Naira remain stable at N360 to dollar at parallel market
By Thompson ABISOLA The Naira on Friday remained stable at the parallel market in Lagos, exchanging at N360 to the dollar, TBI Africa reports. The
Naira hedges against dollar at parallel market
By Kunle SHONUGA The Naira on Wednesday exchanged at N359.80 to the dollar at the parallel market in Lagos gaining 20 kobo from N360 exchanged
AfDB grants $1m to BOA, reels over N60bn debt
By Giwa SHILE The African Development Bank (AfDB) has issued one million dollar grant to the Bank of Agriculture (BOA) to restructure and strengthen its
