Economists have asked the Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, to consider instituting a fresh recapitalisation of the nation’s banks to make them bigger than what they are currently. They spoke against the backdrop of last week’s ranking of top 1000 world banks by The Banker magazine of […]
World News
IMF Advise Euro Area to Recapitalise Weak Banks
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday advised the Euro Area to recapitalise frail but viable banks as part of the area’s task to address important tail risks, stabilised financial markets and grow its economies. This is coming on the heels of the recommendations of 2013 […]
No Nigerian bank among top 280 globally …The Banker ranks Zenith 287th
None of the 22 commercial banks operating in Nigeria is among the top 280 international banks in the world, a new study by the United Kingdom-based The Banker magazine, has indicated. The ‘2013 Top 1000 World Banks Ranking’, an annual report by The Banker magazine of the Financial Times Group, […]
