Invitation to Business Journal 2nd Annual Lecture/Awards 2019

The pension industry in Nigeria has evolved over the...

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.

The African Development Bank Group will unveil its new...

Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria...

The Middle East and Africa (MEA) PC market experienced...

Mr. O. S. Thomas, the Commissioner for Insurance &...

Once again, Nigeria is one of the top 20...

The Central Bank of Nigeria (CBN) has debunked a...