Rising debts pose risk to Nigeria, other emerging economies, says IMF
The International Monetary Fund (IMF) on Wednesday warned that rising public debts in emerging economies may constitute direct risk to financial stability. The IMF Financial
Category : Finance
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Non-Performing Loans: Reps proposes N20m daily penalty
The House of Representatives is proposing a N20 million daily penalty on banks to curb insider abuse and threat of non-performing loans to the financial
Stakeholders laud institute for improving ethics in banking
Some stakeholders in the banking industry on Tuesday commended the Chartered Institute of Bankers of Nigeria (CIBN) for improving professional ethics in the banking sector.
NSE trading nosedive by 0.04% after two days growth
Transactions on the Nigerian Stock Exchange (NSE) on Wednesday nosedived by 0.04 per cent after appreciating for two-consecutive days. TBI Africa reports that Seplat, which
Naira dips against dollar at investors’ window
The Naira on Wednesday depreciated to N360.16 to the dollar at the investor’s window, losing 70kobo from N360.09 traded on Tuesday. Trading at the parallel
Inflation: statistician cautions politicians, govt against reckless spending
A statistician, Dr Olusanya Olubusoye, has advised politicians and government at all levels against reckless fiscal spending to prevent inflation ahead of the 2019 elections.
