Nigerian banks' low assets-to-GDP explains recapitalisation
The low asset base of Nigerian banks relative to peers makes a compelling case for a recapitalisation exercise, according to...
- Thursday, July 16, 2026
BusinessDay
The low asset base of Nigerian banks relative to peers makes a compelling case for a recapitalisation exercise, according to...
Mustapha Chike-Obi, chairman, Bank Directors’ Association of Nigeria, on Friday lauded the Central Bank’s latest bank recapitalisation policy but warned...
Nigeria has acceded to the Establishment Agreement for the Fund for Export Development in Africa (FEDA), the development impact investment...
The naira on Friday exchanged flat at 1, 380 as dollar scarcity bites at the parallel market, also known as...
The NDIC on Thursday raised the maximum deposit Insurance coverage for depositors of banks by 900 per cent to N5 million....
Sub-Saharan Africa stands to reap over 10 percent of global revenue from critical minerals such as copper, nickel, cobalt, and...
In recent years, Nigeria has witnessed a burgeoning wave of technological innovation reshaping various sectors of its economy. Among these...
The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its unwavering commitment to combating corruption by inaugurating its Anti-Corruption and Transparency...
Post-harvest losses in Nigeria’s agricultural sector are receiving attention with the launch of a solar-powered cold storage facility in Enugu,...
The naira on Tuesday steadied at 1,350 per US dollar on the parallel market, popularly called black market. On Monday...