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We Have Nothing to Fear But the Status Quo Itself

We Have Nothing to Fear But the Status Quo Itself

Those who enjoyed (if that is the appropriate verb) Charles Ferguson’s analysis of the economic crisis through his documentary Inside Job (which, incidentally, IMDb lists under their “Crime” category, as well as under “Documentary”), should...
UK Government Selling Northern Rock Plc to Virgin Money

UK Government Selling Northern Rock Plc to Virgin Money

The Government is selling Northern Rock plc to Virgin Money. It represents a significant step in returning public sector stakes in banks to the private sector.
Nigeria Deposit Insurance Corporation Says 357 Staff of the Nation’s 25 Banks were Involved in Frauds And Forgeries

Nigeria Deposit Insurance Corporation Says 357 Staff of the Nation’s 25 Banks were Involved in Frauds And Forgeries

The Nigeria Deposit Insurance Corporation (NDIC) says 357 staff of the nation’s 25 banks were involved in frauds and forgeries worth $74 million in 2010 which is a decrease of about 45.58% compared with the 656 recorded in 2009 involving $370 million,...
Tea Sellers Help Firm Up the Kenyan Shilling Against the U.S. Dollar

Tea Sellers Help Firm Up the Kenyan Shilling Against the U.S. Dollar

The Kenyan shilling firmed slightly against the dollar on Thursday, helped by tea sector players selling greenbacks, and traders said they expected further support from central bank action to mop up more liquidity.
Cheque Truncation System Becomes a Reality At the Bank of Mauritius

Cheque Truncation System Becomes a Reality At the Bank of Mauritius

Cheque Truncation System (CTS) has now become a reality at the Bank of Mauritius when it was launched on September 6, the Central Bank said in a press release in Port Louis on Wednesday. How People Arrived Here: cheque truncation in mauritius, tanzania...
Regional Development Bank Opens 11 Branches in Sri Lanka’s Northern And Eastern Provinces

Regional Development Bank Opens 11 Branches in Sri Lanka’s Northern And Eastern Provinces

The Regional Development Bank which was formed by amalgamating 6 Regional Banks to encourage and help in banking activities by the rural farmers and industrialists has opened eleven branches in the Northern and Eastern provinces as a measure to empower...
Technology Can Play Bigger Role to Ensure More South Africans have Access to Banking Services

Technology Can Play Bigger Role to Ensure More South Africans have Access to Banking Services

Technology can play a bigger role in ensuring that more South Africans have access to banking services, says Finance Minister Pravin Gordhan.
World Bank to Help Nigeria Tackle High Rate of Youth Unemployment

World Bank to Help Nigeria Tackle High Rate of Youth Unemployment

The World Bank is to help Nigeria tackle the high rate of unemployment among the youth in the country, Professor Folusho Okunmade, the Country Representative of the bank in Nigeria, said in Abuja on Monday. How People Arrived Here: world bank unemployment...
Islamic Development Bank’s Board of Executive Directors Approves $1m Relief Package for Somalia

Islamic Development Bank’s Board of Executive Directors Approves $1m Relief Package for Somalia

The Islamic Development Bank’s Board of Executive Directors has approved a $1 million relief package to help the drought-hit people of Somalia where famine threatens more humanitarian disaster.
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