By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Financial Services sector boosted activities at the Nigerian Stock Exchange (NSE) to Close ahead of the Eid-el-Fitri Holidays after a three-day (3) trading week. Reports from the NSE said measured by volume, the sector led the activity chart with a turnover of 856.026 […]
Tag: Banking
Excerpts: Afrinvest 2013 Banking Sector Report — “Standing on the 4th Pillar”
2012 Banking Landscape In 2012, Nigerian banks management faced the challenge of trying to beat high earnings expectations which encouraged them to leverage on the high yield environment and increase exposure to fixed income securities in order to maximize tax free returns. We expect this “treasury focused” investment strategy to […]
NDIC re-strategises to address banking sector challenges
The Nigeria Deposit Insurance Corporation has begun moves to re-strategise its operations to enable it to effectively address emerging challenges in the banking sector. The Managing Director/Chief Executive, NDIC, Alhaji Umar Ibrahim, disclosed this on Wednesday in Abuja during a retreat organised for board members of the corporation. He said […]
