Chartered Institute of Bankers of Nigeria, CIBN, has expressed support for the ongoing banking recapitalization exercise saying it will empower banks to lend more to the economy.
Under-investment had led to a "complicated and unwieldy system" being used,
Republic Bank's 32 branches will reopen as branches of Fulton Bank as early as Saturday. Republic First Bank depositors can access their funds via checks or ATMs as early as Friday night, the FDIC said.
The Judo Bank is now forecasting the Reserve Bank will raise interest rates three times in 2024. This would see borrowers paying the highest rates in almost 16 years.
Judo Bank now predicts the Reserve Bank will raise interest rates three times in 2024 to levels not seen in 16 years - increasing the average mortgage repayment by $300 a month.The bank's chief economic adviser, Warren Hogan, forecast the key interest rate will rise to 5.1 percent by Christmas, from a 12-year high of 4.35 percent. Rate hikes in August, September and November this year would see the Reserve Bank of Australia's key interest rate reach levels last seen in December 2008 during the...
Goalkeepers will be punished if they hold the ball for longer than eight seconds. We now know which leagues can trial this rule in a bid to tackle time-wasting. Liverpool have been 'hungover' since Man United dumped them out of the FA Cup - where has their energy gone?
It came hours after the IMF unveiled new forecasts predicting that the UK
Business group Ibec has said the Irish economy is still performing
The KOMU 8 First Alert Weather Team is in Storm Mode 3 (0 to 5 scale) for
Fans of the ABC series have to wait just a bit for a new installment.
Coventry City boss Mark Robins will try to rouse his players for a
Tesla says it has updated its future vehicle lineup to help accelerate the launch of new models ahead of its previous target of the second half of 2025.