Sovereign Trust Insurance Delegates at 50th AIO Conference in Namibia

L-R: Managing Director, Savannah, Nigeria, Pade Durotoye; Honourable Minister...

Afrinvest (West Africa) Limited has announced that the Governor...

Stanbic IBTC Bank has successfully concluded its strategic participation...

  L-R: Tunde Mimiko, Managing Director/Chief Executive Officer, Sanlam Life...

Leadway Pensure PFA, a Pension Fund Administrator in Nigeria,...

  The Executive Committee of the African Insurance Organisation (AIO)...

The 322 Bankers’ Committee Meeting ended recently in Abuja with a resounding resolution to publish the names of bank debtors on August 1, 2015 under the so-called ‘Name & Shame’ initiative. The objective of this measure we were told is to recover the estimated N400 billion listed as outstanding bad debt in the banking sector.Even before the resolution of the Bankers’ Committee, a number of angry banks had already published such list of debtors in selected national dailies. Unity Bank Plc is one of them.

L-R: Mr. Wale Banmore, Director, Royal Exchange General Insurance...