Why Access Bank is promoting Fintechs disruptions in banking
Clear explanatory details emerged on Thursday in Lagos at the first edition of the Access Bank driven Africa Fintech Foundry (AFF) Conference where experts and the bank rolled out gains of emerging disruptions powered by financial technologies (Fintechs) in traditional…
Naira depreciation suffocating major banks, ICT, oil sectors—Report
The recently released 2017 Nigerian Banking Sector Report; “Nigeria Reopens for Business”, which will be launched by Central Bank of Nigeria (CBN) Governor Godwin Emefiele at the London Stock Exchange (LSE) on Friday has revealed that ongoing naira depreciation has…
How banks’ removal of $1.2Bn 9Mobile debt from books’ll shape future
Since the revelation that the 12 banks involved in the $1.2 billion 9Mobile loan are setting aside a large part of the debt from their books ahead of the December 31 end-date for the fiscal year, financial pundits have started…
Liquidity gap tears Tier-one banks, others on profit rebounds
One of the major negative facts emerging from the sustained impacts of recession and the attendant economic downturn cannot be far from the widening gas of liquidity and market dominance by tier-one banks over mid-sized lenders, Business Hilights can authoritatively…
How Zenith Bank, Dangote Cement, Access Bank may continue to lead trading at NSE
Investment capacity, rising trust and sustained strong performance have been seen by experts as leading factors that will continue to propel consolidated trading companies at the Nigerian Stock Exchange to remain unbeaten for a long time at the floor of…
Why CBN approved Roosevelt Ogbonna as Access Bank Deputy Managing Director
Following the resignation of former Deputy Managing Director of Access Bank Plc, Mr. Obinna Nwosu who left to pursue his personal endevours and the approval of Mr. Roosevelt Ogbonna as the new Group Deputy Managing Director by the board of…
Access Bank crosses risky limit as Capital Adequacy Ratio hits 21 per cent
With liquidity ratio at 43 per cent after the implementation of risk management framework, Access Bank Capital Adequacy Ratio (CAR) currently stands at 21 per cent. The CAR for banks in Nigeria stands at 10 percent and 15 percent for…
