NPLs of FIs dropped by Nu 8.2bn in June

The service and tourism sectors saw a substantial decrease in NPL by Nu 2bn As economic activities continue to pick up in the country, non-performing loans (NPLs) of the financial institutes (FIs) have dropped from 14.08% amounting to Nu 24.24bn in June 2021 to 8.64% amounting to Nu 16.06bn in June this year. As of […]

Be careful when shopping online

The public is being warned by the police to be extra vigilant when conducting transactions arising from advertisements on social media. While an online marketplace, such as the one on Facebook can provide a seemingly great opportunity to find affordable, new, and second-hand items, as with any kind of business deal arranged online, it’s important […]

At the crossroads

Around 350 applicants have paid their tuition fees to different universities in Australia and are now unable to process their visas due to suspension of the education loans The suspension of education loans by the two private financial institutions in the country, have caught around 350 applicants/students off guard, who have already transferred their tuition […]