Commercial banks in the country risk losing billions in profit following the directives from the Central Bank of Nigeria (CBN), suspending all interests on the N777bn...
By Odunewu Segun Heritage Bank may go the way of defunct Skye Bank if drastic action is not taken to redress its downward following weak liquidity...
The Central Bank of Nigeria has given the indication that more top management staff of some banks would have to be relieved of their post as...
Barely few weeks after NERFUND, a government agency, revealed it may shut down operations due to unpaid loans, the Bank of Agriculture, has indicated that it could...
Investigation by National Daily has revealed that the Central Bank of Nigeria (CBN) has constituted a team to investigate the 21 commercial banks in the country to certain...
By Odunewu Segun A report has warned of an impending crisis in the banking sector unless the sector adopt time tested values to mitigate risks in...
By Odunewu Segun Concerned about the rising NPL in the banking industry, the Nigeria Deposit Insurance Corporation (NDIC) had disclosed that the commission in collaboration with...
By ODUNEWU SEGUN WITH a total loan portfolio of about N13 trillion and a higher levels of Non-performing loans which rose sharply by 78 per cent...
