The Loan to Deposit Ratio (LDR) of Banks in the country rose to 50 percent from 65 percent. This was disclosed by the apex Bank, Central...
By Salisu Na’inna Dambatta The ongoing CBN-inspired recapitalisation for banks has serious implications for the banking sector, the equity capital market, the Nigeria Deposit Insurance Corporation...
Foreign companies from across West Africa have indicated interest in participating at this year’s Gateway International Trade Fair billed to take place between April 19 and...
The Heads of Procurement of the Multilateral Development Banks (MDBs), have collaboratively developed a comprehensive and user-friendly tool for enhanced transparency, credibility, and efficiency of procurement...
By Sodiq Adelakun A race for funding has commen-ced among commercial and merchant banks as the Central Bank of Nigeria (CBN) mandates a capitalisation surge, leaving...
The Nigerian stock market witnessed a significant boost in performance on Friday, propelled by gains in tier-one banks such as Guaranty Trust Holding Company (GTCO), Access...
…17 banks at risk with proposed 15-fold capital increase …Expert calls for incentive-based approach in banking sector reform By Sodiq Adelakun A recent report by Ernst...
By Sodiq Adelakun The Central Bank of Nigeria issued a letter to all banks on Thursday regarding the impact of the recent foreign exchange (FX) policy...
In fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria (CBN) has...
The Central Bank of Nigeria (CBN) has urged Deposit Money Banks (DMBs) and Other Financial Institutions (OFIs) in the country to be take counter security measures...