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

The Nigerian Communications Commission (NCC) acknowledges the Quality of...

The Nominees for Voting in the Various Categories INSURANCE CEO...

The Management of Abuja Metropolitan Management Council (AMMC) led...

Zain says that it has launched 4G LTE services...

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.

The Board of Directors of Africa50 has announced the...

Spending on blockchain solutions in the Middle East and...

MTN Nigeria has denied a bribery allegation over its...