In Your Interest
May 29, 2020/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N581.57bn to the three tiers of government in March 2020 from the revenue generated in February 2020. The amount disbursed comprised of N466.06bn from the Statutory Account, N15.20bn from FOREX Equalisation Account, N99.55bn from Valued Added Tax (VAT) and N757.94m from Exchange Gain […]
Culled—Proshare May 29, 2020 Press Statement by Concerned African Leaders Africa is facing an unprecedented challenge with the COVID-19 and all hands must be on deck to tackle the pandemic. The African Development Bank (AfDB), under the leadership of its President, Dr. Adesina Akinwumi, has been doing a remarkable job […]
May 29, 2020/US Federal Reserve The Federal Reserve Board on Friday released results of a survey of senior financial officers at banks about their strategies and practices for managing reserve balances. The Senior Financial Officer Survey is used by the Board to obtain information about deposit pricing and behavior, bank […]