Aig-Imokhuede clarified that he was optimistic that the group's shareholders would assist the bank in its endeavor, given that the bank had declared its intention to...
The CBN circular said the minimum capital requirement for proposed banks shall be paid-up capital, adding that the new minimum capital requirement shall apply to all...
They contend that the knowledge and skills acquired in such institutions do not necessarily translate to practical application in the real world and that the time...
In a statement issued on Tuesday, WUCO, through its President and human rights lawyer, Mr. Clement Osuya, stressed that though the CBN’s directive may be well...
Commenting on the significant increase in the banks’ loan portfolio, David Adonri, Vice Chairman, Highcap securities, attributed it to the depreciation in Naira, which he said...
“ASSBIFI strongly advise those hoarding the Naira notes to desist forthwith as their actions add to the surging inflation bedeviling our economy and urges the general...
“These are some of the potential guard rails that we put in place to check banks’ risk response. In 2005 from $2 billion to $25 billion....
On the way forward, the update suggested that coordinated monetary and fiscal policies underpinned by a reduction in fiscal dominance would rebuild buffers against the shocks.
The industry analysts believe that when results of the remaining banks are rolled out, combined profit would be in excess of N3.5 trillion.
Nigerian financial services landscape is at a crossroads, and the actions of the DMB serve as a stark reminder of the challenges and opportunities within this...