NGX Group Chairman, Umaru Kwairanga, Visits Dubai Financial Market for Industry Partnership

West Africa has been at the heart of the...

Stanbic IBTC Holdings PLC, a member of Standard Bank...

Sir Muftau Oyegunle, President, Chartered Insurance Institute of Nigeria...

In its audited financial statements for the period ended...

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.

Sport Nigeria Ltd/GTE is proud to announce the Nigerian Economic...

MD/CE, Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan...

“MTN Nigeria strongly condemns hate, prejudice and xenophobia and...