Stanbic IBTC emerges best sub-custodian bank in Nigeria
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings Plc has emerged as the Best Sub-Custodian Bank in Nigeria at the 2021 edition of the International Finance Awards.
The…
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banking and finance
Nigerian banks best BRICS peers – Afrinvest
Nigerian banks have emerged best among their BRICS peers with an average return on asset (ROA) and return on equity (ROE) of 15 percent and 1.8 percent respectively, Afrinvest West Africa…
CBN fresh capital rules to mount pressure on banks threatened with bad debt
Nigeria deposit money banks (DMBs) with higher levels of bad debts are set to be pressured as the Central Bank of Nigeria revealed yesterday plans to introduced fresh capital rules in the…
Banks’ NPLs moderate to 14.05% in October – MPC members
Though still above regulatory threshold of 5 percent, the Non-Performing Loans (NPLs) ratio of Nigerian deposit money banks, which had risen to 14.70 percent in August 2018, has declined to…
Digital technology,financial inclusion major successes for banking industry in 2018’
Ebehijie Momoh, head of Retail Banking, Standard Chartered Bank Nigeria Limited has been in the banking industry for over 26 years, and currently holds primary responsibility for the…