Tag: Financial Sector

Spanish Banks to Face Profitability Challenges-IMF, EC

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said Spanish Banks will face profitability challenges in the coming years as lending and home prices continues to slide further. This is coming on the heels of a fifth and final review of the country’s financial sector by the […]

Analysts hinge financial sector growth on efficient e-payment

Notwithstanding the push being given the electronic payment system, experts say growing the financial sector of the economy through an efficient e-payment scheme can only be achieved through motivation and effective collaboration among stakeholders, ADEMOLA ALAWIYE writes One of the biggest and growing technological innovations in the area of banking, […]

Opposition as Reps move to abridge CBN autonomy

Stakeholders in the financial sector,  including a former Minister of Finance, Mr. Adamu Ciroma, and an ex-Central Bank of Nigeria  Governor,  Chief Joseph Sanusi, on Monday, opposed the bid by the House of Representatives to tamper with the CBN autonomy. They cautioned the House against altering the  globally accepted  trend, […]