The banking industry lost N1.1 trillion in total assets as a result of compliance with the requirements of the International Financial Reporting Standard (IFRS) 9 on...
banks under pressure to avoid loan loss provision The 13 banks being owed $1.2bn by Etisalat Nigeria has rejected an offer of five per cent equity...
By Odunewu Segun The House of Representatives has expressed serious concern over the quality of loans acquired by the Asset Management Corporation of Nigeria (AMCON) from...