The sweet simplicity of the steep per cents attains bitterness and an unparalleled form of ugliness in the currency-activated halls and offices of Nigerian banks even as you read. About seven years after he retired as chairman of First Bank of Nigeria Ltd, echoes of Oba Otudeko’s reign still reverberate …
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BITTER WITHIN: DELTA STATE PARIS DEBT FUND FROZEN ACCOUNT TO BE VACATED AS GOV. OKOWA DENIES HIRING ANY FIRM TO HELP RECOVER MONEY FOR THE STATE
Secret Reporters The judgment by Justice Yusuf Halilu of the Federal Capital Territory (FCT) High Court were it issued an ex-parte order directing that the Paris-London Club Refund bank accounts of Abia, Cross River, and Delta states be frozen will be vacated by Delta State Government, Secret Reporters can authoritatively …
Read More »FG OFFERS MONTHLY SAVINGS BOND AT 13.535%, 14.535% FOR RETAIL INVESTORS
The Federal Government has offered for subscription two-year and three-year Savings Bonds to investors at 13.535 per cent and 14.535 per cent, respectively from Monday, August 7 to Friday, August 11, 2017. A statement from the Debt Management Office (DMO) said the two-year bond will be due in August 2019, …
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