…Sanwo Olu woos ADF, VDMA to set up same in Lagos June 3, 2021/Dangote Group The Aliko Dangote Foundation in partnership with Germany’s VDMA (the German Association for Mechanical and Plant Engineering) and its Foundation for Young Talent in Mechanical Engineering (NWS) have officially launched a technical training program in […]
Updates
FirstBank Clinches Another International Recognition, Ranks Second Most Admired Financial Services Brand in Africa
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 […]
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 […]
