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AMCON asks the banks to comply with the order freezing all accounts belonging to General Hydrocarbons and placing post no-debit on them.
The post AMCON writes 34 Nigerian financial institutions, demands freeze of General Hydrocarbons’ assets appeared first on Premium Times Nigeria.
Hot SourceDebt Deepens Growth Crisis Banks’ soaring earnings from government securities have become the toast of the financial markets, but beneath the glossy profit sheets lies a grim irony: the real sector that powers jobs and production is gasping for credit, writes Festus Akanbi In recent years, Nigeria’s banking sector has maintained impressive profitability despite a sluggish macroeconomic environment. However, analysts are increasingly concerned that the source of this profitability, banks’ growing preference for investing in government securities,…
Read moreHot SourceFlutterwaveCEO Olugbenga Agboola shared his vision of building a “payment superhighway” to connect African economies and facilitate seamless money movement across borders. He emphasized the importance of regulatory collaboration, citing progress like the Ghana-Rwanda fintech agreement and praised regulators for enabling growth through infrastructure and market understanding. The panel highlighted Africa’s leadership in alternative payment systems and […] The post Flutterwave CEO Envisions Building Africa’s “Payment Superhighway” at CNN Global Perspectives Summit appeared first on Nairametrics.
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