CIIN Honours Muhammadu Buhari as Grand Patron

The Central Bank of Nigeria (CBN) has disclosed on-going...

  Africa and Middle East’s banking and finance industry spent...

Citing rising level of non-performing loans at 15.7 per cent and commercial banks’ borrowing from their central banks at nine per cent of liabilities in the West African Economic and Monetary Union (WAEMU), the International Monetary Fund (IMF) has strongly advocated increase in banks’ capital adequacy requirements to maintain sound financial stability for regional economic growth. The Fund observed that while the average capital adequacy ratio of banks (9.3 percent) was above the minimum required (8 percent) at the end of June 2014, it was however lower than the minimum required in half of the countries in the region, just as the level of non-performing loans reached 15.7 percent of total loans.

Entrepreneurship is a lonely path. It is a lonely road of earthly bumps, spikes, leaking wallet and sweet sweat at the end of the rough road. It is not a calling for every man or woman. It is a path set aside for a select crop of men and women set aside for that purpose. At a time of growing unemployment and dwindling oil revenue as a result of falling oil prices in the international market, it is time to raise greater awareness on the importance and benefits of entrepreneurship towards sustainable financial future.

African economies have grown substantially over the past decade,...

‘There’s no place like home,’ or ‘Home is where...

  Bode Opadokun Managing Director/CEO Sanlam General Insurance Nigeria Limited Sanlam General Insurance...

The Nigerian Communications Commission (NCC) has clarified that it...