By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) has endorsed a Single Supervisory Mechanism (SSM) for Euro Area Banking Union. This is contained in an IMF Staff Discussion Note “A Banking Union for the Euro Area†released February 2013 and made available to www.investadvocateng.com. In discussing […]
World News
Tanzania seeks US$ 114 Million IMF’s Credit
By Our Correspondent Lagos INVESTADVOCATE)-Tanzania Tuesday said its seeking to draw US$114 Million Standby Credit Facility (SCF) of the International Monetary Funds (IMF). This is contained in a Press Release from the IMF and made available to www.investadvocateng.com in Lagos Nigeria. “The Tanzanian authorities have informed the International Monetary […]
Banks slash current account charge to N3 …plan to reduce other charges
The Bankers Committee has said Deposit Money Banks in the country have agreed to reduce all bank charges in order to enhance financial inclusion. As a first step, the committee has already endorsed the downward review of the Commission on Turnover charged current account holders from N5 on every N1,000 […]
