'How Sterling Bank Helped My Dream of Visiting Dubai'

'How Sterling Bank Helped My Dream of Visiting Dubai'

Recently Sterling Bank Plc unveiled a new promo tagged 1dament to reward its existing and new customers. The promo which kicked off in the first week of December 2017, coincided with the Christmas season and the New Year, and will end in March. At the first general draws held in Lagos recently,
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Zacks Investment Research Upgrades WESCO International (WCC) to “Buy”

WESCO International logo WESCO International (NYSE:WCC) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday. The brokerage presently has a $69.00 target price on the technology company's stock. Zacks Investment
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China central bank skips open market operations for 13th consecutive working day

BEIJING, Feb. 11 (Xinhua) — China's central bank suspended open market operations for the 13th consecutive working day Sunday, citing sufficient liquidity in the banking system. The move is to offset the influence from factors such as the use of Contingent Reserve Arrangement (CRA) and fiscal
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Trump Asks for Democratic Memo 'Re-Do' After Blocking Release

US President Donald Trump looks on during a ceremony before delivering a speech during the World Economic Forum (WEF) annual meeting in Davos, eastern Switzerland, on Jan. 26, 2018. Nicholas Kamm—AFP/Getty Images. By Bloomberg. February 10, 2018. President Donald Trump defended his
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Trump Sold a $40 Million Estate to a Russian Oligarch for $100 Million—and a Democratic Senator …

In the request, he notes the timing of the 2008 sale, which came months after Trump Entertainment Resorts filed for Chapter 11 bankruptcy, and while the then real estate mogul was struggling to find banks willing to lend to him. Trump has in the past attributed the mark up to renovations he made to the
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Cryptocurrencies and blockchain: Techno-gold or fool's gold?

Before joining the FDIC, he held positions at the International Monetary Fund, Freddie Mac, J. P. Morgan, and the Board of Governors of the Federal Reserve System. Dr. Kupiec has served on the editorial boards of the Journal of Financial Services Research, Journal of Risk, and Journal of Investment
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'Lending To SMEs Should Be An Economic Development Initiative'

The conditions for lending are therefore typically very stringent, making access difficult. This is an impediment that should be addressed if the financing opportunities in the intervention would be unlocked. There should be a framework to de-risk the lending, possibly through credit guarantee schemes put
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Senator seeking admin records on Trump's sale of Palm Beach mansion to Russian

Aside from the real estate deal, Rybolovlev's general whereabouts have crossed paths with Trump's a few times. Late in the 2016 presidential campaign that year, Rybolovlev's plane intersected twice with Trump's when it was spotted in two US cities where Trump was campaigning, in Charlotte, North
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Alibaba to Invest $865 Million in China Home Improvement Chain

Alibaba Group Holding Ltd. plans to buy a 15 percent stake in a chain of Chinese home improvement and furniture stores as part of its pushing into “new retail,” the company said Sunday. The e-commerce giant will invest about 5.45 billion yuan ($865 million) in Beijing Easyhome Furnishing Chain Store
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What can $3.05 billion worth of FDI bring to Vietnam?

FDI flow to the real estate sector has been increasing steadily in the last five years. There are two special characteristics of capital flow. First, most of the foreign investors registering their projects are from Asia. Second, they have recently begun paying attention to the northern market, especially Hanoi,
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Despite promises, Pakistan unlikely to get heavy funding by June

ISLAMABAD: Despite having firm commitments of roughly $26 billion, the government is unlikely to get any major injection from traditional lenders in the next four months, restricting its options and pushing it to rely on foreign commercial loans and Eurobonds to meet pressing external financing needs.
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The Fed's unprecedented slap at Wells Fargo may cost the bank more than $400M this year

Never before has the Fed placed a firmwide limit on a bank, stopping them from growing. Outgoing Fed Chair Janet Yellen described the growth restriction as “unique and more stringent then the penalties the Board has imposed against other bank holding companies for similar unsafe and unsound
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Singapore's top banks set for better profits as provisions dip

A stronger economy, higher interest rates and rising wealth is expected to boost income at DBS Group Holdings, Oversea-Chinese Banking Corp and United Overseas Bank. After several quarters hit by bad loans, a Bloomberg survey shows they're poised to post double-digit profit growth for the three
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McGrath real estate sinks 8.5 per cent after gambling debt revealed

McGrath real estate sinks 8.5 per cent after gambling debt revealed … Mr McGrath has a 26 per cent shareholding in the eponymous real estate company as well as a significant stake in REA Group which is worth about $10 million. Mr McGrath reportedly sent a message to his staff on the weekend
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Big Sean Pops Up in the Back Seat in Rocket Mortgage Commercial

Big Sean's stock is as high as it's ever been. That much became clear when the folks at Rocket Mortgage selected the rapper for what was very likely a super-expensive commercial that aired during the first half of today's 2018 Super Bowl (Feb. 4). In the ad, which stars actor-comedian Keegan-Michael
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ETtech morning briefing: Angel Tax, AI startups govt boost & more

Digital lending platforms say the biggest challenge they face is lack of reliable data on small enterprises. If given access to Goods and Services Tax data, it will be easier for them to calculate their creditworthiness and will help them lend to such entities. Connecting GST Network with TReDS (Trade
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The week ahead – Nomura

Senior Loan Officer Opinion Survey (Monday): The January 2018 Senior Loan Officer Opinion Survey (SLOOS) will provide further context on lending activity to businesses and households in the last three months of 2017. The October 2017 SLOOS showed softening demand for business loans despite,
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Keegan-Michael Key & Big Sean Make Life Simple In Funny SB Ad For Rocket Mortgage

The comedian translated complicated details from every day life, such as situations with your hair stylist, waiter, mortgage lender and dating app account. Then when he tried to help a father understand the Big Sean lyrics his son was singing, Big Sean, himself appeared to help out. “Last night I took and
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EDB arm joins $661m funding round for biotech company

EDBI, the investment arm of the Economic Development Board, has joined a group of investors in a US$500 million (S$661 million) funding round for Moderna Therapeutics. This gives it a valuation of around US$7 billion and makes it one of the biggest unicorns in the biotech sector. (A unicorn is a
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Is bitcoin a viable investment?

In it, one woman recommending bitcoin as a good buy describes it as “the first decentralised cryptocurrency that works without a central bank”. She goes further to say: “Transactions take place through the use of cryptography that is verified by network nodes and are recorded in an immutable public
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