The Asset Management Corporation of Nigeria has said that it has injected a total of N5tn to rescue the nation’s financial sector and save the economy. A statement by the corporation, made available to our correspondent on Tuesday, quoted the Chairman, AMCON, Alhaji Kola Belgore, as saying this at the […]
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Analysts see inflation rate hitting 12%
Financial analysts have said that inflation rate will hit the 12 per cent mark before the end of the year. Analysts at Financial Derivatives Company Limited on Tuesday in a report made available to our correspondent said using trend analysis, it was estimated that Nigeria’s headline inflation would rise considerably […]
Financial inclusion: Bankers Committee selects Bornu
The Bankers’ Committee has selected Borno State for the implementation of the financial inclusion strategy. The selection, according to a statement made available on Monday by the Central Bank of Nigeria was one of the key resolutions made at the Bankers Committee retreat. The statement said, “The committee expressed concern […]
