Continental Re Group ED, Emeka Akwiwu, Others at IFRS 17 Roundtable in Lagos

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

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 stakeholders in Nigeria commemorate 20 years of telecoms...

Determined to further strengthen the strategic position...

The Board of Unity Bank Plc has announced the...

The Governor of the Central Bank of Nigeria (CBN),...

Falling consumer confidence and Saudi employment reforms continue to...

L-R: Mr. Rasaaq Salami, Deputy Director at the National...