Starlink: NCC Did Not Issue Approval for Subscription Review

Dr. Aminu Maida, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC)...

  L-R: Tunde Mimiko, Managing Director/Chief Executive Officer, Sanlam Life...

HE Paul Kagame, President of Rwanda and chairman of...

A customer of Mutual Benefits Assurance Plc, Mr. Abdelhamid...

Mutual Benefits Assurance Group last weekend celebrated its 22nd...

Although the Nigerian private sector remained in growth territory...

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.

L-R: Ifesinachi Okpagu, Chief Marketing Officer, Heirs Insurance Group;...