DINNER PARTY INTEL: Stockpiling becomes a thing as Brexit looms
Four out of 10 Brits are stockpiling food, medicine and clothes in their homes
11 July 2019 - 05:00
1. Start lending or hand it over, banks are told
To boost growth, Nigeria is giving its banks a choice: lend more money, or hand it over to the central bank and earn nothing on it, Bloomberg reports. Commercial banks have until September to use at least 60% of their deposits for loans. Those that don’t will have their cash-reserve requirements increased, meaning they’ll be forced to park more money at the central bank...
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