Sovereign Trust Insurance Delegates at 50th AIO Conference in Namibia

Prof. Umar Garba Danbatta, the Executive Vice Chairman of...

In its continuous quest to evaluate and sustain communication...

L-R Mazeedah Olutosin, Submissions Editor at Ouida Books; Maurice...

  The Central Bank of Nigeria (CBN) released an official...

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.

As part of efforts to boost investor education and...

In a bid to firmly entrench a customer-first attitude...

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC...