JUMIA Côte d’Ivoire Celebrates 2 Years of Existence

L-R: Deputy President of The Nigerian Council of Registered...

The president of the African Development Bank Group, Dr....

 L – R (A) shows Segun Ogunsanya, Managing Director/CEO,...

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.

NLNG Managing Director, Adeleye Falade (centre), flanked by Deputy...

Introducing mCoin, the first cryptocurrency accessible on any mobile....

Chairman, Mofes Insurance Brokers Limited, Prof Festus Mobolaji Epetimehin  will...

  L: R: Tosin Bayo-Yusuf, Executive Director/COO, Heirs Life Assurance;...