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...
Commercial banks in the country are facing herculean tasks attracting investors due to rising non-performing loans (NPLs) and the lack of sound corporate governance. Managing Director...
With huge Non-Performing Loans (NPLs) hanging on their neck, four commercial banks in the country are said to be in serious liquidity crisis as they operate...
By Chioma Obinagwam The Group Managing Director (GMD) of FBN Holdings Plc, Mr. Urum Eke has said that group is set to reduce its Non performing...
Desperate for investors to raise capital By Odunewu Segun Tier 2 lenders in the country are in their worst season, facing crippling currency shortages as well...
Non-Performing Loans hit N2.1 trn By Odunewu Segun Despite the Non-Performing Loans (NPLs) challenges, Nigerian banks have been adjudged stable in a six-month financial stability test,...
Announces improved 59% earnings on shares By Odunewu Segun Stanbic IBTC asset quality ratios rose during the 2016 financial year, with non-performing loans ratio declining from...
…. Limits access to discount window By Odunewu Segun The Central Bank of Nigeria has granted a one-off forbearance to banks this year to write-off their...
…as CBN consider Skye Bank for more lidiuidity BY DANLADI BATURE STABILISING the system and returning the confidence to the markets and investors may not be...
ANOTHER round of devaluation of the naira will compound the woes of Fist Bank Plc, National Daily investigation has revealed. It was gathered that over 50...
