All posts tagged "banking industry"
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First Bank forecasts 10% decrease in loan growth
First Bank of Nigeria Holdings Plc, on Thursday, forecast slower loan growth of 10 per cent for this year due to the new monetary policy regulation. The Central Bank of Nigeria (CBN) had, at its last monetary...
- Posted September 1, 2013
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Our target is to have 5% of banking industry by 2016 – Sterling Bank MD
After years of inactivity in the primary segment of the nation’s capital market, particularly after the 2008 meltdown, Sterling Bank recently opened its bid to source N12.5 billion to reposition for the competition ahead. Yemi Adeola, chief...
- Posted August 1, 2013
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Sanusi Lamido wins African Central Bank Governor of the Year three times in a row
The Governor of the Central Bank of Nigeria,CBN, Mallam Sanusi Lamido Sanusi, CON, has been conferred with the 2013 Africa “Central Bank Governor of the Year” Award by the renowned IC Publications Group, in collaboration with Business...
- Posted May 30, 2013
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Recapitalisation: We’re not eager to liquidate PMIs, MFBs -NDIC chief
Ahead of the eight months’ extension recently given by the Central Bank of Nigeria (CBN) for primary mortgage institutions and microfinance banks in the country to meet new capital thresholds, the Nigeria Deposit Insurance Corporation (NDIC) says...
- Posted April 9, 2013
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Reps ask CBN to implement single-digit lending rate
The House of Representatives on Wednesday pushed for a single-digit benchmark lending rate in the country’s banking industry. It directed its Committee on Banking and Currency to engage the Central Bank of Nigeria on the matter with...
- Posted February 21, 2013