Nigerian banks prepare for new digital ecosystem

By TESLIM SHITTA-BEY Why did Dinosaurs go extinct? They failed life’s first law of survival, adaptability. In the quest not to go the way of Tyrannosaurus Rex, Nigerian banks in growing numbers are becoming familiar with the rules of change, they are building a new ecosystem to which they are adapting swiftly. ‘’If you fail to change you get hit More...

by Uchenna Ajah | Published 2 days ago
By Felix OLOYEDE On Sunday, April 22nd, 2018
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Nigerian banks must grow risk-weighted assets to remain competitive, says Coronation Merchant Bank report

FELIX OLOYEDE Ability to create risk asset creation in the real sector would set apart leaders of the Nigerian banking industry over the next three years, a new report from Coronation Research, a part of Coronation More...

By Felix OLOYEDE On Wednesday, April 18th, 2018
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US OTA lauds NDIC over academy establishment

L-R: Regional Adviser of US Treasury, Mr Philip Morris; Executive Director Corporate Services, Nigeria Deposit Insurance Corporation (NDIC), Hon. (Mrs) Omolola Abiola-Edewor; MD/CEO, NDIC, Umaru Ibrahim FCIB, mni More...

By Felix OLOYEDE On Wednesday, April 18th, 2018
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Wema Bank Takes Agency Banking to Bauchi

Wema Bank Plc has introduced its agent banking service in Bauchi as it seeks to deepen its retail footprint across informal economic sectors of the country. Agent Bank is a cost-effective medium employed by Banks More...

By Uchenna Ajah On Monday, April 16th, 2018
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New FX window rescues economy, say experts

By FELIX OLOYEDE   Stability of Nigeria’s foreign exchange market has been largely attributed to the introduction of the Investors’ and Exporters foreign exchange (I&E FX) window by the Central Bank More...

By Uchenna Ajah On Sunday, April 8th, 2018
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GT Bank rebases 2018 Profitability forecast

By OKEY ONYEWEAKU   Against the backdrop of healthier economic growth projection for the Nigerian economy in 2018, GT Bank, Nigeria’s most popular millennial banking service provider has set fresh targets More...

By Uchenna Ajah On Monday, March 19th, 2018
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Economy: CBN policies will double growth in 2018 –Dr Boniface Chizea

With the Nigerian economy beating analysts’ 2017 projections for growth by about 20 basis points or 2% over the 1.7 % consensus forecast earlier in the year, private sector economists are growing in confidence More...

By Uchenna Ajah On Sunday, March 4th, 2018
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How to boost your income from smart investments

By TESLIM STITTA-BEY Investors scared by uncertain corporate performances have sensibly concentrated on capital appreciation for investment yields on the Nigerian Stock market. Data from the market suggest that More...

By Uchenna Ajah On Sunday, March 4th, 2018
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Naira: Analysts predict further depreciation

By FELIX OLOYEDE Foreign Exchange traders are already factoring the negative impact of the forthcoming general elections in 2019 on the economy as foreign exchange future prices indicate a fall in the value of the More...