45 mortgage banks may not survive recapitalisation- MBAN
Indications have emerged that only 25 Primary Mortgage Institutions out of over 70 firms may survive the April recapitalisation deadline set by the Central Bank of Nigeria for the mortgage…
UK prepares new law to break up errant banks
British banks that fail to shield their day-to-day banking from risky investment activities could be broken up, Chancellor George Osborne said on Monday, bowing to political pressure to come down…
Investment Account: IMF Introduce Rules to Establish 3 Sub-accounts
By Our Correspondent Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday announced new Rules and Regulations establishing three (3) sub-accounts with the Investment Account. This is contained in a Statement by…