09/15/2014

Capital Adequacy: Banks in Race to Beat Sept 30 Deadline

As the deadline for the transition to Basel II/III by the Nigerian money deposit banks expires at the end of the month, a number of the frontline banks have begun frenetic moves to raise both tier I and tier II capital. Basel II is an international busin

09/03/2014

Reserve Bank investigating Abil

The investigation is being done in terms of Section 69 (A) of the Banks Act, which allows the Registrar of Banks to investigate a bank that has been placed under curatorship.