Business

How women are blazing the trail in Banking sector

Ihesiulo Grace 20 July 2021 0

The Banking sector is gradually experiencing a transformation that is seeing more women assuming top echelon positions. In this report, Philip Clement examines the profile of these women and the impact it will have on the industry The Banking sector is usually regarded as one the critical

Banking News

Global standing instructions cause stir in banking sector

Ihesiulo Grace 27 July 2020 0

From August 1, 2020, a loan defaulter who has funds in other bank will have those funds withdrawn to offset his debts owed to any financial institution, the Central Bank of Nigeria has declared. However, this declaration has caused a stir in the nation’s banking sector. This declaration is in line with the Global Standing […]

Banking Business

S&P Global rating affirms Access Bank stable outlook of ‘B/B’

Ihesiulo Grace 28 June 2019 0

Motolani Oseni The S&P Global rating agency on Thursday affirmed Access Bank Plc ‘B/B’ issuer credit ratings. The global rating agency in its test report stated, “We affirmed our ‘ngA/ngA-1’ Nigeria national scale ratings on the bank.” The report further stated that the affirmation balances the benefits of the Diamond acquisition for

Business Headlines

GTBank maintains leading position as Best Bank in Nigeria

Ihesiulo Grace 3 December 2018 0

…Wins Bank of the Year, Sierra Leone Foremost African financial institution, Guaranty Trust Bank Plc has won the award for “Bank of the Year Nigeria” for the second year in a row at The Banker’s Bank of the Year Awards, regarded as the industry standard for excellence within the global banking sector. Guaranty Trust Bank […]

Business News

Afrinvest unveils 2017 Banking Sector Report at LSE

Ihesiulo Grace 30 October 2017 0

*Says Nigeria has reopened for Business Sam Nzeh Afrinvest (West Africa) Limited launched the 2017 Edition of the annual Banking Sector Report at the London Stock Exchange (LSE), heralding the call that Nigeria has reopened for business. The launch of the report was the anchor event of the 4th Nigeria Capital Markets and Banking Forum […]

Business

Crystallisation of asset quality risk still a threat to Nigeria’s banking sector-Afrinvest

Ihesiulo Grace 22 October 2017 0

Sam Nzeh Afrinvest (West Africa) Limited says the outlook of Nigeria’s banking sector for the rest of 2017 and 2018 remains positive. The firm, however, cautioned that crystallisation of asset quality risk still poses a threat to the sector, given that the economy is still recovering from a recession and banks loan book is heavily […]

Business News Nigeria

CACOL condemns CBN’s proposed cash deposits, withdrawals charges

Ihesiulo Grace 28 February 2017 0

The Centre for Anti-Corruption and Open Leadership, CACOL has condemned the decision of the Central Bank of Nigeria, CBN to reintroduce charges on all cash deposits and withdrawals in bank transactions, describing it as exorbitant, exploitative and anti-poor. The Executive Chairman of CACOL, Mr. Debo Adeniran, speaking on the development said there is nothing logical […]

Banking Business

CIBN wants enabling law amended to sanitise banking sector

Ihesiulo Grace 6 December 2016 0

The president of the Chartered Institute of Bankers of Nigeria (CIBN), Prof. Segun Ajibola, says the institute wants its enabling act amended to help sanitize the banking sector. Ajibola told the News Agency of Nigeria (NAN) on Monday in Lagos that the institute would soon propose to the National Assembly an amendment to the CIBN […]