NAICOM Insurance Academy Set for 3rd Qtr Take-Off

Left to right: H.E. Otunba Adeniyi Adebayo - Minister of...

  L-R: Mrs. Moji Teluwo, DGM, Corporate Services, NEM Insurance...

Sage, a market leader in cloud accounting software used...

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.

A.M. Best has upgraded the financial strength rating to...

  A report by Quartz Africa says that China has...

The Federal Government has vehemently denied reports that it...

  Ecobank Nigeria Limited, a subsidiary of Ecobank Transnational Incorporated...