Culled—Proshare February 23, 2018/FDC Prior to this guideline, most banks adopted an aggressive dividend policy, partly to shore up their share price and secondly to splash cash to shareholders. Consequently, banks resorted to external funding sources to support their balance sheet, as against internal capital consolidation in the form of […]
Money Market
Weaker Dollar, Higher US Interest Rates, a Dilemma for a Central Bank With No Quorum
Culled—Proshare February 23, 2018/FDC Who needs an MPC after 19 months of status quo? The MPC is like the boy who cried ‘Wolf!’, till he lost credibility in the sight of his neighbours. Who will come to its aid now? Nigeria has stayed without an active Monetary Policy Committee (MPC) […]
House Committee On Banking & Currency Pays Surprise Visit To Arik Air
February 23, 2018/AMCON The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri has commended the present management of Arik Air for the good work they have done in turning around the fortunes of the Nigerian flag carrier. The airline’s incumbent management led by […]