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The NDIC has commenced paying insured deposits to customers of 46 failed microfinance banks, intensifying loan recoveries for uninsured balances. Read More: https://punchng.com/ndic-begins-payouts-to-depositors-of-46-failed-mfbs/
We haven't written up this one. Punch Nigeria has the full story — the link below goes straight to it.
Iran said it reached an agreement with Oman on a proposed route for shipping through the Strait of Hormuz, a potential step toward a reopening of the critical waterway for energy supplies.
The warning signs ahead are unmistakable. But because the system still appears stable, politicians and the public convince themselves that there is time to spare.
Glencore Plc will launch a secondary listing in Australia as soon as October as the mining giant seeks to tap new investment in the nation’s fast-growing A$4.4 trillion ($3.1 trillion) pension system.
Applications for indefinite right to work, live and study in the country have risen after rules were eased
Joint US-Japan intervention has supported the yen for now, but isn’t a game-changer for the currency or the economy, Japan’s former Prime Minister Fumio Kishida tells Bloomberg TV. (Source: Bloomberg)
The company slashed its full-year guidance on key metrics in its first earnings report since separating from the Honeywell conglomerate in June.
