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Tag: Wema Bank

Nigerian Bank Nigeria Bank PHB – Only Three Banks Were Unsound In 2010 – NDIC Report

The Nigeria Deposit Insurance Corporation has said that three banks were in unsound condition in 2010. The NDIC in its 2010 report said that the financial Nigerian Bank Nigeria Bank PHB

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Nigerian Bank Nigeria Afribank – Central Bank May Shift Deadline On Movement Of ATMs

With just three days remaining, the Central Bank of Nigeria may have to shift the deadline for banks to move their Automated Teller Machines (ATMs) to their premises since only three banks have made any major effort to comply. Nigerian Bank Nigeria Afribank

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Nigerian Bank Nigeria Afribank Nigeria – Fresh Funds – Amidst Slow Market Recovery

Following the severe bashing received by stock markets across the globe, the boards of companies listed on the Nigerian Stock Exchange (NSE), among others, have gravitated towards rights issues, in preference to public offerings Nigerian Bank Nigeria Afribank Nigeria

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Nigerian Bank Nigeria First Bank of Nigeria Plc – FG Stops Mass Sack In Banks

he earlier meeting scheduled with the banks’ managements two weeks ago could not take place because the CBN governor, “whose presence was very critical. Nigerian Bank Nigeria First Bank of Nigeria Plc

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Nigerian Bank Nigeria Afribank Nigeria Plc – Bad Loans – Credit Bureau To The Rescue

At the last count, over N1.5 trillion additional provisions on non-performing loans and other known losses were made by the eight stressed banks. Intercontinental Bank Plc. made bad loans provision of N436 billion and loss of N328 billion; Wema Bank made bad loan provision of N116 billion and N29 billion loss as at 30th September 2009. Nigerian Bank Nigeria Afribank Nigeria Plc

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Nigerian Bank Nigeria Access Bank Plc – Central Bank Disowns Mass Sack

The Central Bank of Nigeria (CBN) has denied that it has anything to do with the ongoing mass sacks by banks, as it urges them to honour agreements with their workers. Nigerian Bank Nigeria Access Bank Plc

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Nigerian Bank Nigeria Afribank Nigeria Plc – Oceanic Intercontinental Finbank Close On Bid Prices Appreciate – As Investors Renew Interest

Stockbrokers, on Monday, noted the increased, but unmatched demand (bid) for shares of Oceanic Bank, Intercontinental Bank and Finbank, three of the first five that were rescued by the Central Bank of Nigeria (CBN) in an unprecedented move on August 14, 2009. Nigerian Bank Nigeria Afribank Nigeria Plc

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Nigerian Bank Nigeria Afribank Nigeria Plc – South Africa Shows Interest In Nigerian Banks

Indications emerged on Thursday that two of South Africa’s biggest banking groups, FirstRand Limited and Standard Bank Group Limited, have re-launched interest in taking majority stake in Nigerian banks. Nigerian Bank Nigeria Afribank Nigeria Plc

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