Unity Bank Mulls Huge NPLs, Woos Foreign Investors
BY CHINYERE OBIORA, LAGOS – The Managing Director of Unity Bank Plc, Tomi Somefun, says the bank is wooing prospective foreign investors as part of moves to reposition it for…
Non-Performing Loans
Non-Performing Loans: NDIC Warns Banks
BY COBHAM NSA, ABUJA – The Nigeria Deposit Insurance Corporation (NDIC) has threatened severe sanctions against Deposit Money Banks (DMBs) that flout prudential guidelines in granting loans to corporate or private…
NDIC Wins Banking Service Excellence Prize
BY COBHAM NSA, ABUJA – The Nigeria Deposit Insurance Corporation (NDIC) has added another feather to its hugely decorated cap with the Special Recognition and Commendation Award for Excellence in…