Sovereign Trust Insurance Unveils Mobile App to Drive Sustainable Growth

   Being the remarks by Alhaji (Dr.) Umaru Kwairanga, Group...

INEC Chairman, Prof. Mahmood Yakubu (left) and some Senators...

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.

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

  The Head of Equities and Fixed Income sales, Absa...

The new strategic plan, which redefines the strategic objectives...

L-R: Grace Ojougboh, Head, Online Media & Special Publications,...

The Nigeria Police Force recorded a major breakthrough in...