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…
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banking and finance
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…
Keystone Bank wins Africa’s Best Customer Service Provider 2018
Keystone Bank Limited shone brightly at the International Banker Awards 2018, as the lender emerged winner in two categories beating other nominees and carting away the prize for “Africa’s…
Banking/finance sector to see mixed outlook in 2018
The banking and finance sector will thrive in 2018 on the back of a more stable macroeconomic environment due to rising crude oil prices, foreign exchange reserves and a stable currency but…