By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Guaranty Trust Bank Plc (GTBank) said its set to appoint Nigeria’s first female director of the Central Bank of Nigeria (CBN), Osaretin Afusat Demuren as new chairman of the bank, the lender said Tuesday in its corporate disclosure to the Nigerian […]

Wolfgang Bergthaler, Kenneth Kang, Yan Liu, and Dermot Monaghan/IMF The global financial crisis has left a large private sector debt overhang and high levels of nonperforming loans (NPLs) in several European countries. Small and medium-sized enterprises (SMEs) represent a significant and weak segment of the nonfinancial corporate sector. SMEs face […]

Bank customers who have done the mandatory biometric registration at any bank branch will start collecting their Bank Verification Number cards, the Managing Director, Nigeria Interbank Settlement System Plc, Mr. Ade Shonubi, has said. Shonubi stated that bank customers would not be charged for the cards and that lenders would […]