By Nemat Shafik Deputy Managing Director, International Monetary Fund London, March 7, 2013 As prepared for delivery I am honored to be with you today to deliver the 2013 Maggie Nally Memorial Lecture, and would like to thank the Chartered Institute for Public Relations for inviting me. Maggie Nally was […]
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Nigeria budget deficit falls to 1.85 pct of GDP
Nigeria‘s budget deficit is set to fall to 1.85 percent of gross domestic product in 2013, the director general of the budget office said on Thursday. Last year’s budget predicted a 2012 deficit of 2.97 percent of GDP. Nigerian President Goodluck Jonathan approved a 4.99 trillion naira budget last month […]
Banks introduce N100 monthly ATM fee
Following the scrapping of the N100 withdrawal charges on Automated Teller Machines by the Bankers Committee, some banks are planning to introduce monthly maintenance fee on ATM cards. Investigations by our correspondent revealed that, though only one of the banks had announced the introduction of the fee from this month, […]
