June 24, 2016/S & P Global Ratings Culled—-Proshare Diamond Bank has a tight capital position and faces heightened foreign currency liquidity risks due to a lack of access to dependable sources of foreign currency funds. Earnings stability is vulnerable to the economic headwinds in Nigeria and pressure on the Nigerian […]
Money Market
Naira devaluation, oil sector crisis threaten banks
June 24, 2016/Punch By ’Femi Asu The capital adequacy ratios of a number of Nigerian banks will come under increasing pressure should the weakness in the naira and crisis in the nation’s oil sector persist, Fitch Ratings has said. CAR, which is a measure of a bank’s capital, is used […]
UBA Unveils New PayAttitude Tag
June 23, 2016/UBA United Bank of Africa, UBA, has refreshed its PayAttitude tag design with the introduction of a new branded tag. The new tag which reflects the brand identity of UBA replaces the former tags being issued. Customers of the bank can continue to enjoy 100% success on their […]
