Sterling Bank Plc has said it will continue to adopt amicable resolution in its quest to recover the bulk of debts from customer. The bank however said that it could be compelled into taking drastic legal actions to achieve such debt recovery outcomes if pushed to the wall.
CBN Governor Godwin Emefiele.
The Central Bank of Nigeria governor Mr. Godwin emefiele has hinted of possible reduction in the amount which the apex bank had ordered MTN Nigeria to repatriate.
BudgIT have in its recent survey expressed worry over the inability of some state government to fully offset the outstanding amount owed pensioners and civil servants despite series of bailouts aimed at offsetting the liabilities.
CBN’s Acting Director, Corporate Communications Department, Isaac Okorafor.
Central Bank of Nigeria (CBN) and the Bankers Committee have resolved to establish a mobile court to tryl on the spot erring Nigerians who abuse the naira.
…Vows to prosecute those responsible for the failure
PAULETTE ORJIME- Abuja
The last may not have been heard of the liquidated Skye Bank Plc as Federal Government has pledged to prosecute all those found to be responsible for the failure of the bank.
The World Bank has said the projected growth of Nigeria’s economy in 2018 would drop from 2.1 per cent it had estimated for the country in April to 1.9 per cent.
The Central Bank of Nigeria (CBN) has allayed worries over the fluctuation in Nigeria’s external reserves.It assured that with its current level at over $44 billion, there is no cause for alarm.
Senior Minister of the Republic of Ghana, Hon. Osafo-Maafo.
Ghanian , Nana Addo Dankwa Akufo-Addo yesterday in Lagos stress the need for policy harmonization, coordination and effective collaboration between the public and private sectors among African countries, in order to drive effective and time tested industrial framework to fully utilize the natural resources to the best of international expectations.
(L-R) Dangote Cement Plc,Regional Sales Director [Technical] Johnson Olaniyi, President of the African Real Estate Society [AFRES], Catherine Kariuki,in Hand Shake with Ibese Plant Director, Armando Martinz, During the President and Members of the African Real Estate Society [AFRES] Facility Tour to Dangote Cement Ibese Plant at the weekend.
Real Estate Operators under the aegis of Africa Real Estate Society (AFRES) have described as unquantifiable the contributions of Aliko Dangote, Chairman of Dangote Cement Plc, in lessening the burden of unemployment through his contributions to the real estate sector of the African economy.
The Federal Government is offering 10 companies, including Nicon Insurance Ltd. and Skyway Aviation Handling Company for sale in the last quarter of this year to raise N289 billion about $797 million toward funding the 2018 budget, the Bureau of Public Enterprises (BPE) has said.