As CBN fx adjustment erodes capital base By JULIUS ALAGBE The tough macroeconomic condition has started to rub off on deposit money banks (DMBs) as industry’s...
By-passes distributors, middlemen By AYOOLA OLAOLUWA In its quest to leverage on Konga’s massive warehousing infrastructure and market reach, Fast Moving Consumer Goods (FMCG) manufacturer, Unilever...
The Central Bank of Nigeria (CBN) says it is developing a framework under which grants and long term facilities will be provided to researchers, science institutions...
Calls for Banks’ recapitalization to forestall poor assets quality By Julius Alagbe Nigerian banks may face a major asset quality crisis as a result of the...
A national leader of the All Progressives Congress (APC), Bola Ahmed Tinubu asked the Central Bank of Nigeria (CBN) to lower interest rates to boost the...
OBINNA EZUGWU Nigeria’s apex bank, the Central Bank of Nigeria (CBN) as well as the Bankers’ Committee has ordered all commercial banks in the country not...
By EMEKA EJERE As the Coronavirus (Covid-19) pandemic continues to take its toll on both the global and Nigerian economies, there are strong indications that many...
Adebayo Obajemu The Central Bank of Nigeria (CBN) has extended the deadlines for compliance with the revised minimum capital requirements by Microfinance Banks (MFBs) in the...
The Central Bank of Nigeria (CBN) has extended the deadlines issued to Microfinance banks (MfBs) to recapitalise their capital base. In a circular issued to all...