Updates

IMF Reviews Noncomplying Disbursements for Chad and Approves Waiver for the Nonobservance of External Arrears Accumulation Performance Criterion

30/6/2017/IMF The Executive Board of the International Monetary Fund (IMF) met today to consider a report from the Managing Director on non-complying disbursements to Chad and a recommendation for a waiver for the nonobservance of the performance criterion under the third and fourth reviews of the Extended Credit Facility (ECF) […]

Ecobank Partners Transfast Worldwide Money Transfer to Boost Remittances to Nigeria

1/7/2017/Ecobank Nigeria Ecobank Nigeria, a member of the leading pan African banking group has entered into strategic partnership with Transfast, a leading international provider of cross-border payments and remittance solutions, to further ease expatriates funds transfer from across the world to Nigeria. With this arrangement Nigerians working in other countries […]

Etisalat Nigeria Chairman, Hakeem Bello-Osagie, Resigns

30/6/2017/Sahara Reporters By Bassey Udo A statement obtained by PREMIUM TIMES confirmed the development, saying the decision followed “the approval of a restructuring plan for the telecommunications firm.” Mr. Bello-Osagie, the one-time Chairman of the United Bank for Africa, UBA, was the surviving shareholder in the embattled mobile operator currently […]