Ecobank encourages savings in Nigeria

Ecobank has launched a target saving promotion to encourage saving amongst Nigerians. The lender’s plan is enable savers acquire valuable assets, save for travels or save for the rainy day, which they cannot achieve in one go. The bank’s Head, Consumer Banking, Ayotunde Kuponiyi disclosed this fact during customer sensitization exercises in different parts of […]

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FG to pay subsidy on petrol from savings

The Federal Government will pay subsidy on Premium Motor Spirit (petrol) from the over recoveries made in the first quarter of this year, as this is contained in the latest pricing template released by the Petroleum Products Pricing Regulatory Agency in Abuja, according to a report by the News Agency of Nigeria on Monday. According […]

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No will to save under the Past Administration – Okonjo-Iweala

The immediate past Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Thursday said lack of political will to save oil revenue under former President Goodluck Jonathan was responsible for the challenges facing the country presently. She said as a result, the World Bank and the International Monetary Fund must seek means to embed savings in national […]

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