Results for Nigeria
- Nigeria Moves To Create ‘Bad Bank’
Nigeria took a step closer to resolving its financial crisis on Monday when Goodluck Jonathan, president, approved the creation of a “bad bank” to soak up some of the estimated $10bn of bad loans that brought the banking system to the brink of collapse l ...
Daily Headline - global.abi.org - 07/20/2010 - 09:17 - 0 comments
- Nigerian Banking System Still Highly Risky
Nigerian banks are extremely risky, despite a N620bn bailout of the sector in 2009, a global rating agency, Standard & Poor, has said. “The Nigerian banking system is still highly risky. The ratings we have for the banks are in the single ‘B’ categor ...
Daily Headline - global.abi.org - 07/29/2010 - 10:19 - 0 comments
- Insolvency practitioners qualifications and appointment
(Africa, Nigeria) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Africa,Nigeria ...
Resource Article - global.abi.org - 04/26/2010 - 08:39 - 0 comments - 1 attachment
- Banks’ Bad Debts, Sign of a Sick Economy: Commentary
The recent storms in the Nigerian banking industry may have revealed deeper insights into the true standing on many more issues than banking in Nigeria, BusinessDay reported in an editorial. The banks in question actually got operationally weak and n ...
Daily Headline - global.abi.org - 08/24/2009 - 10:35 - 0 comments