Tag: Financial Stability Report

Namibia Banking Sector Highly Profitable-IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday reported that the Namibian banking system is highly profitable, well-capitalised and with relatively low nonperforming loans. The IMF’s executive board reported this at the conclusion of the Article IV consultation with Namibia without a meeting. Apart from high profitability […]

Three banks fail liquidity test

The liquidity stress test conducted on 23 banks by the Central Bank of Nigeria (CBN) at the end of June showed that three lenders have problems. The CBN Financial Stability Report released at the weekend was okayed by the CBN Governor, Sanusi Lamido Sanusi. It said the industry liquidity ratio […]