Banking Industry Bounces Back Strongly In 2023
Prudential financial data released by most of the universal banks in the country during the first quarter (Q1) of 2023 affirmed strong, robust and scintillating performance of the industry, in spite of the challenges during the last quarter (Q4) of the preceding year, which were occasioned largely by the government’s debt restructuring programme, specifically the […]
Financial Literacy and Sustainable Growth in Consumers’ Investments
In recent years, the global community has been witnessing consistent proliferation of financial platforms, tools and services in the marketplace. These significant developments notwithstanding, consumers are believed to be more vulnerable than ever. For instance, in many advanced, emerging and developing economies across the globe, consumers are struggling to cope with their finances due to […]
BANKS’ PRAGMATIC APPROACH TO SUSTAINABLE FINANCE AND ESG
Over the past decade, regulatory pressures and investor preferences have succeeded in pushing factors related to environmental, social and governance (ESG) up the agenda towards sustainable financing in many organisations across the globe. The pressing need for sustainable financing has remained on the radar for banks and investors over a considerable period; and increasingly emerging […]
Banking Industry and Effective Development of AfCFTA
The African Continental Free Trade Area (AfCFTA) Agreement remains one of the flagship projects of the first ten-year implementation plan (2014 – 2023) under the Agenda 2063 of the African Union (AU); which is dubbed, The Africa We Want. The implementation of AfCFTA is expected to focus essentially on reduction in non-tariffs and tariff barriers, […]