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Business
Exchange Rate For 29th December 2016
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Exchange Rate For 28th December 2016
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Exchange Rate For 27th December 2016
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Exchange Rate For December 26, 2016
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Exchange Rate For 22nd December 2016
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MMM Freeze: New Ponzi Scheme NNN Floats In Nigeria, Promises 35% Interest
Days after Russian Criminal Sergey Mavrodi's MMM Ponzi scheme crashed, a new money doubling scheme, NNN, has resumed operation in Nigeria.
It is believed that the new scheme is modeled after MMM.
The major difference however is…
Exchange Rate afor 19th December 2016
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Exchange Rate For 16th December 2016
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Exchange Rate For 15th December 2016
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Exchange Rate For 14th December 2016
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Exchange Rate For 13th December 2016
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Exchange Rate For 8th December 2016
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Exchange Rate For 7th December 2016
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Banks Tighten Lending Processes To Enable Recovery Of Bad Loans
The report among other things revealed increased loan default by households and businesses, which prompted banks to increase lending rates and tighten lending criteria.
The report stated: “Secured loan performance, as measured by default…
Exchange Rate For 6th December 2016
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