The Debt Management Office has offered for subscription four federal government bonds for August 2023 via auction.
The European Central Bank is not doing enough to supervise credit risks in the banking sector, the European Court of Auditors said on Friday.
After implementing the CBN’s latest directive, banks will forfeit custody of the billions of naira currently held in various dormant accounts.
“The city is now almost returned to normalcy,” said one inhabitant of Debre Birhan who did not wish to be named.
Checks at different businesses observed that the old N500 and N1,000 notes were being accepted by traders as legal tender.
Videos seen by Peoples Gazette showed a burning First Bank building and at least three ATMs already destroyed by the angry demonstrators.
One of Union Bank officials, who spoke in anonymity, said that there was no point opening for customers when there was no funds.
Explaining their ‘newly- found’ status, the beggars said most people now gave them old naira notes and demanded for ‘change’ in return for a reward.
