April 13, 2021
  • April 13, 2021

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Access Bank chief says banks are not indebted to telecoms firms

by on April 9, 2021 0
Nigerian banks are not indebted to MTN Nigeria and other telecom companies for using telecommunication platforms to provide payment services, a bank chief executive said. “There is no such thing as an obligation due from banks to telcos,” Herbert Wigwe, chief executive officer of Access Bank Plc, said on an investor call in Lagos. “We... Read More

Germany to issue ‎2.5 bln euro more debt in Q2 than planned

by on March 30, 2021 0
Germany plans to issue ‎€2.5 billion ($2.9 billion) more debt in the second quarter than originally planned, the country’s debt agency said on Tuesday. The debt is to fund spending to tackle the coronavirus pandemic that has battered the economy. READ THIS ALSO: China slows down lending to African nations on fear of defaults The... Read More