Business Hilights

Tracking Nigeria's Headline Business News Online

IFRS 9

Fidelity Bank set to join Tier-1 big boys over smart completion of 4-year growth plan

At a time several Tier-2 banks are struggling to remain afloat in the segment, all is set for the most SMEs friendly bank, Fidelity Bank is set to join tier-1 banking giants. Though analysts say adverse macroeconomic environment, and regulatory…

Analytics apps allow banks to adapt faster to regulatory changes, cost reduction—SAS

Leading technology group, SAS Risk & Finance Analytics has carried out a Roadshow in Lagos, underscoring the fact that for banks to survive form the competitive advantage of FinTech regime, and be innovative on risk assessments during new product development…

‘IFRS 9: New CBN disclosure rule returning sanity to banks’ financial results’

Emerging revelations from released Q1 results of commercial banks in Nigeria have shown that the new regime of financial reporting is not really suggesting serious drop in banks profits as reported in some quarters of the media in Nigeria. Checks…