NGX Group Chair, Umaru Kwairanga, Leads Industry Delegation to South Korea

Leadway, one of Nigeria’s foremost non-banking financial services and...

Diamond Bank Plc published its audited FY: 2015 and...

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.

International money transfer website WorldRemit and MTN have signed...

The National Insurance Commission (NAICOM) has unveiled a 10-year...

The 2nd Nigeria ICT Festival earlier scheduled for Thursday,...

Access Bank Plc has partnered with Konga to unveil...

The Raw Materials Research and Development Council (RMRDC) says...