Good morning Ladies and Gentlemen and thank you for your presence at this Press Briefing. You would all recall that on 05 June 2014; following my...
The Asset Management Corporation of Nigeria (AMCON) has revealed that not less than 431 debtors are owing it between N1 billion and N10 billion. The corporation...
By JULIUS ALAGBE Some deposits money banks are expected to begin the process of shoring up their financials in the second half of the financial year...
The Naira exchange rate remained flat across the three foreign exchange windows in the country on Tuesday. At the official window, the local currency remain unchanged...
Union Bank of Nigeria (UBN) has received the approval of shareholders to go ahead with its proposed reduction of N54.4 billion share premium account, which is...
By AYOOOLA OLAOLUWA Due to their inability to secure soft loans from money deposit banks for their businesses, many Nigerians have continued to approach microfinance banks...
By FELIX OLOYEDE Despite the injection of $294.7 million into retail Secondary Market Intervention Sales (SMIS) by the Central Bank of Nigeria (CBN) on Friday, the...
By JULIUS ALAGBE The recent market data has revealed that the fixed income market that provided alternative earnings window for deposit money banks, DMBs, is passing...
From a time in its recent past when WEMA Bank literally limped across the stage, the numbers today indicate a resilient fighter that is pushing against...