Tag Archives: Fund

FG not turning to IMF for loan

Buhari

President Muhammadu Buhari FG not turning to IMF for loan The Ministry of Budget and National Planning has explained that the Federal Government is not looking to source any loan from the International Monetary Fund (IMF), as reported by a national newspaper on Friday. While briefing a French delegation that visited him in Abuja on Thursday, on what the Federal …

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Shareholders of Diamond Bank, FCMB, others lose N8.1bn over non-remittance of funds

Shareholders of Diamond Bank, FCMB, others lose N8.1bn over non-remittance of funds The Foreign Exchange (FOREX) restriction order placed on Diamond Bank Plc, First City Monument Bank Plc (FCMB) and others by the Central Bank of Nigeria (CBN) reverberated Wednesday on the floor of the Nigerian Stock Exchange (NSE). Two of the Banks, Heritage and Keystone Banks are not listed …

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