February 14, 2020
Bank Credit
What is a Bank Credit?Definition‘Bank Credit’ is a financial term used to refer to the amount of money a business or individual can borrow from a bank. It is also referred to as the money tha...
What is a Bank Credit?Definition‘Bank Credit’ is a financial term used to refer to the amount of money a business or individual can borrow from a bank. It is also referred to as the money tha...
What is Bank Reserve? Loans are usually given after a corresponding or overly compensating value of the collateral has been signed in. In like terms, bank reserve refers to the bulk of curre...
What is the definition of a Bank Stress Test?DefinitionBank stress refers to the exercise carried out by bank managers and regulators to measure a bank’s financial strength during economic down...
On Monday, the J.Crew Group joined the bandwagon of companies that have recently filed for bankruptcy due to the coronavirus pandemic. The company has since become the first national US retailer to fi...
Jaiz Bank Plc, Nigeria's first non-interest bank, reported an unaudited profit after tax (PAT) of N3.9 billion for the six months which ended June 30, 2023. In a statement given to the press yest...
Wema Bank Plc said it would target a share placement or a public offer ahead of its forthcoming industry recapitalization order, which will target a share placement after the bank raised N40 billion i...
To support and empower women entrepreneurs and executives in Nigeria, Stanbic IBTC Bank has introduced a special initiative on its Blue Blossom Community platform. This initiative includes highly disc...
Awards came in for one of Zenith's special in the person of Dr. Mukhtar Adam, the Chief Financial Officer of Zenith Bank Plc, who was awarded the 'Chief Financial Officer of the Year' at the just conc...
A bill to amend the Central Bank of Nigeria Act scaled Second Reading at the House of Representatives on Thursday.On Thursday the House of Representatives went on the Second Reading for the amendment ...
CBN and First Bank Advocate Stronger Nigeria-China Banking Ties ???The Central Bank of Nigeria (CBN) and First Bank Nigeria Limited have called for increased collaboration between Nigerian and Chinese...