June 3, 2021/FirstBank of Nigeria First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has been ranked the second ‘most admired financial services brand’ in Africa – for the second straight year – at the 2021 Brand Africa 100: Africa’s Best Brands Event, held on Africa […]
Updates
Federal Reserve Board issues final rule amending Regulation D with regard to interest on reserve balances
June 2, 2021/US Federal Reserve The Federal Reserve Board announced on Tuesday the approval of a final rule amending Regulation D to eliminate references to an interest on required reserves (IORR) rate and to an interest on excess reserves (IOER) rate and replace them with a single interest on reserve […]
Kalpana Kochhar, Director of the Human Resources Department, to Retire from the IMF
June 2, 2021/IMF Ms. Kalpana Kochhar, Director of the Human Resources Department (HRD) at the International Monetary Fund (IMF), has notified Managing Director Kristalina Georgieva of her intention to retire from the IMF on July 30, 2021. Ms. Kochhar will take up a position as Director of Development Policy and […]
