October 4, 2023/US Federal Reserve Governor Michelle W. Bowman At the 2023 Community Banking Research Conference sponsored by the Federal Reserve System, the Conference of State Bank Supervisors, and the Federal Deposit Insurance Corporation, St. Louis, Missouri It’s a pleasure to be back in St. Louis for the annual Community […]
Money Market
NDIC Commences Payment of N16.18bn Liquidation Dividends to Depositors and Other Stakeholders of 20 Banks In-Liquidation
October 3, 2023/NDIC Following impressive recoveries from debtors of liquidated banks, the Nigeria Deposit Insurance Corporation (NDIC) has announced declaration of N16.18 billion liquidation dividends to depositors, creditors and shareholders of 20 banks in-liquidation. To this end, the Corporation has commenced verification and payment of stakeholders covered by the declarations […]
AFC Secures $300 Million Loan from CEXIM to Boost Trade Finance in Africa
The loan will provide critical financing to support trade finance and investment in Africa, further facilitating the flow of goods and services between Africa and China September 26, 2023/AFC Africa Finance Corporation, the leading infrastructure solutions provider on the continent, today announced the successful signing of a US$300 million loan […]
