Tier-1 Banks

Business

Tier-1 Banks Outsourced N277bn Services In 5yrs – Investigation

Sam Diala, THEWILL -
BEVERLY HILLS, April 05, (THEWILL) - Nigeria’s Tier-1 deposit money banks (DMBs) recorded outsourced services of over N277 billion within a five-year period – 2015 to 2019, investigation through their respective annual reports has revealed. The group comprises First...
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BusinessOgochukwu Onwaeze, THEWILL -

FG Raises N1.23tn in Fresh Push to Clear Verified GenCo Debt 

The Federal Government has raised N1.23tn through two bond issuances under its Presidential Power Sector Debt Reduction Programme as it moves to settle verified legacy obligations owed to electricity Generation Companies (GenCos).
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