AMCON Levy Worsened bank earnings By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Global rating agency, Fitch Ratings on Wednesday gave Nigerian banks pass mark despite the twin hurdles of tight monetary policy actions and new banking rules, Fitch says in a new special report. “This is mostly supported by continuing robust economic […]
Money Market
Islamic Finance: Oman Adopts Nigeria’s Approach, Sets up Central Sharia Board
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-In its bid to boost Islamic finance in the Gulf region, the Oman central bank on Wednesday said it has set up a central sharia board to help supervise the Islamic banking industry in that region, according to a Reuters report. This is the same […]
Standard Chartered to Recruit 1,000 Extra Staff in Africa
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Standard Chartered Bank on Tuesday said it will recruit about 1,000 more staff to its workforce in Africa in the next few years, according to a Reuters report. The report said the proposed 1,000 staff to be hired by the lender is an increase of […]
