Non-Performing Loans
4 Nov
Operators have expressed concerns about the government’s inability to provide an enabling environment for the real sector, thereby avoiding the multiplier effect on banks’ Non-Performing Loans (NPLs), as well as their profitability.
27 Aug 2019
In a move to tackle issues of loan default and rising Non-Performing Loans (NPLs) in the banking industry, the Central Bank of Nigeria (CBN) has announced an introduction of a credit protection clause that would be attached to offer letters of banks going forward.
26 Nov 2018
The African Export-Import Bank (Afreximbank) has released its unaudited financial statements for the nine months ended September 30, 2018, showing strong financial and operational performance, with gross income of $546.6 million. This represents 14.3 per cent increase from the same period last year, while it recorded a net income of $172.4 million, representing a…
20 Jun 2016
As the flexible exchange rate policy takes off today, there is no less than $4 billion worth of unmet demand, which has raised a new concern over its clearance within the targeted four weeks.
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Kenyans were bracing Monday for a new round of anti-government demonstrations over the high cost of living after the opposition vowed the action would go ahead despite a police ban.
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The President-elect, Bola Tinubu’s spokesman in the southeast, Dr Josef Onoh has accused the former Governor of Anambra state, Dr Chukwuemeka Ezeife of incendiary comments and brewing tension among the friendly peoples of the southeast and southwest. He said it was not statesmanlike for the status of Ezeife to make media comments capable of inflaming…
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North Korea fired two short-range ballistic missiles on Monday, South Korea's military said, the latest in a flurry of weapons tests that Pyongyang says are in response to major US-South Korea defence drills.
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*Hails breakthrough in early cancer detection To further press home the Importance of gender mainstreaming in the innovation and technology sector, Oxfam Nigeria alongside women in Information Technology and Communication, (ICT), and others, have renewed calls for more women in technology and science-related fields. Women in ICT led by Kemisola Bolanrewa, noted that for equality,…
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Raven & Macaw, an award-winning digital marketing startup based in Abuja, Nigeria, has recently launched their innovative all-in-one optical management software in London. The software, called Raven Vision, was launched at one of the biggest optical events in Europe, 100% Optical London, on January 25th, 2023.