Saturday, 24th September 2022
<To guardian.ng
Search

banks

3 days ago
In Lebanon, most depositors have been locked out of their savings since a financial crisis took hold three years ago. Now some of those customers are taking matters into their own hands by holding up bank branches.
13 Nov 2021
Almost three months after the Taliban swept to power in Afghanistan, the country's economy is imploding. Many NGOs and foreign companies have left, leaving thousands of Afghans suddenly unemployed. Some $9.5 billion of assets have been frozen abroad and banks are running out of money. The value of the local currency is plummeting and food prices have soared. This dire situation is pushing thousands of Afghans to flee the country. FRANCE 24's Catherine Norris-Trent and Roméo Langlois report.
5 Sep 2021
Afghans are struggling to get cash with banks still closed following the Taliban's takeover of the country. "I've been coming to the bank for four days now but I can't get my own money," says one resident.
30 Mar 2021
Several major banks are set to lose billions of dollars over links to the hedge fund Archegos, after financial troubles at the firm sparked a massive sell-off of shares. Nomura and Credit Suisse have said they will suffer significant losses, which caused their share prices to plunge on Wall Street on Monday. Archegos was backed by former star trader Bill Hwang. Also today, we look at how the wine industry in Argentina has seen rising sales during the pandemic.
26 Mar 2021
Despite a severe shortage of foreign exchange (forex), overseas education continues to drain the country’s resources, as Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, admitted $80 million weekly disbursements for personal travel allowances or payment of overseas school fees. The amount, which translates to $960 million yearly, is disbursed to banks to enable Nigerians to meet their forex responsibilities. This is after a recent report indicated that Nigerians spend £30 million (about N20 billion) yearly paying tuition in the United Kingdom alone while the country’s education system grapples with challenges of underfunding, poor remuneration, and obsolete teaching facilities.
17 Mar 2021
Lawmakers wade into Banks, Telecom. operators' feud
23 Dec 2020
13 Nov 2020
Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.⁣
10 Oct 2020
The US has blacklisted key Iranian banks in a sweeping clampdown on country's financial sector. Iran's top diplomat Javad Zarif accused Washington of trying to "blow up our remaining channels to pay for food & medicine."
9 Sep 2020
Here is why you should pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Thursday.⁣⁣
1 Sep 2020
Here is why you should pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Wednesday.⁣
14 Jul 2020
Here is why you should pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Wednesday.

Latest

2 hours ago
The government in Berlin wants to reduce dependence on the country’s most important trading partner. But German businesses are not convinced.
2 hours ago
3 hours ago
Her vibrant colours, floral hair-dos and striking jewellery have made Mexican artist Frida Kahlo's style as famous as her paintings. A new exhibition at the Galliera fashion museum in Paris is exploring the artist's identity through some of the objects stored at her famous "Casa Azul" in Mexico City. Clothes, makeup and personal correspondence give us an insight into a woman who was ahead of her time.
3 hours ago
A religious party in Pakistan has filed a petition against a law that protects the rights of transgender people. Opponents say the legislation could act as a gateway to enable same-sex marriage.
4 hours ago
In this edition we look back at a terrible shipwreck with a death toll even heavier than the Titanic. On September 26, 2002, the Joola disaster claimed at least 1,800 lives. The ferry was sailing between the Senegalese province of Casamance and the capital Dakar. In
4 hours ago
Ukraine launched a major counter-offensive in the Kharkiv region on September 6. This operation surprised Russia and led to the withdrawal of Russian soldiers from several strategic cities in eastern Ukraine, such as Izium. Our reporters Gulliver Cragg and Gwendoline Debono met with Ukrainian soldiers who took part in the counter-offensive and spoke to two of the operational commanders.