Nigeria’s naira retreated for the first time in five days as as demand for dollars increased before the central bank’s first foreign-exchange auction of the week. The currency of Africa’s biggest oil producer depreciated 0.1 percent to 157.60 per dollar as of 12:36 p.m. in Lagos, the commercial capital, its […]
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Keystone Bank Avails Media Opportunity for Capacity Building
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- In line with keeping to its core values of Service, Passion, Innovation, Resilience and Team Work, (S.P.I.R.I.T), Keystone Bank Limited Thursday availed the Media opportunity for capacity Building at the School of Media and Communication (SMC) Pan African University Lagos Nigeria. Philip Ikeazor, Managing […]
Nigerian banks may record high bad loans
Indications have emerged that Deposit Money Banks may record huge non-performing loans next year. Rating agency, Standard & Poor’s, said on Tuesday that the banks might report increased loan losses amid growth in lending. Bloomberg quoted an analyst at S&P, Mr. Matthew Pimie, as saying, “Banks in Nigeria are expected […]
