Stats: 3,186,795 members, 7,930,693 topics. Date: Sunday, 25 August 2024 at 05:42 AM |
Nairaland Forum / Nairaland / General / Business / Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis (17636 Views)
Zenith, Access, GTB, FBN Battle For The Crown Of Nigerian Banking / Experts Advocates For Increased Digitization In Banking Industry / Afrinvest To Launch 2017 Nigerian Banking Sector Report At London Stock Exchange (2) (3) (4)
Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by Adesiji77: 11:01pm On Oct 10, 2016 |
Nigeria’s banking industry is experiencing a “full-blown financial crisis” as failed fiscal and monetary policies lead to a credit crunch, according to Arqaam Capital. http://www.bloomberg.com/news/articles/2016-10-10/nigerian-banking-industry-seen-in-full-blown-financial-crisis ![]() 2 Likes 1 Share |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by davide470(m): 11:10pm On Oct 10, 2016 |
All these Dubai-based Analysts that would not mind their business. Why didn't they predict the fall of WellsFargo share price!? 34 Likes 4 Shares |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by Adesiji77: 8:34am On Oct 11, 2016 |
davide470: ![]() ![]() 2 Likes |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by veekid(m): 10:25am On Oct 11, 2016 |
Bihari's change is corrosive 11 Likes 1 Share |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by Nobody: 10:26am On Oct 11, 2016 |
those money spent on the elections are too much and really caused alot . I doubt if they will really recover the bad loans. Many politicians and bank executives really gambled on the elections, and probably bank officials collect kick backs there by giving loans without collatera. And many that took loans refuse to pay, diverted the money abroad and kill the banks here. just look at the fayose case. We have never heard anything again since that "bursted" bubble by fayose, and to the best of my knowledge, the zenith bank/ cbn has not released official press statement concerning the allegations and counter allegations apart from the one without signature and logo. it is like we are really charmed in this country. Since then, all allegations have gone under cover. Just look at JIMOH Ibrahim, one of those that wreck many banks here in nigeria with bad loans, having his own bank ,Energy Bank Sao Tome e Principe and ghana, but not in nigeria. The country really need cleanser to really clean all the rotten eggs by force and force. 27 Likes 1 Share |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by johntaiwo123(m): 10:26am On Oct 11, 2016 |
K |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by Boleyndynasty2(f): 10:26am On Oct 11, 2016 |
![]() ![]() |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by Franchise21(m): 10:26am On Oct 11, 2016 |
So far say First Bank, Ecobank, Zenith Bank, UBA, Diamond Bank, Guaranty Trust Bank, Access Bank are still managing to survive in these hard times; Skye Bank and Sterling Bank can go to hell. Who makes use of them afterall?? |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by Okijajuju1(m): 10:27am On Oct 11, 2016 |
Nigerian Banks!! They all almost went BANKrupt just because the FG implemented TSA. ![]() Meaning they were just sitting down, using Government money to trade and stay afloat yet remit none of the profit to the FG. 17 Likes 3 Shares |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by jimi4us: 10:28am On Oct 11, 2016 |
Buhari have completely destroy this country Nigeria. I feel sorry for the next President that will come on board to clear the mess Buhari have brought to us. 26 Likes 2 Shares |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by phetto(m): 10:28am On Oct 11, 2016 |
am tired of wailing everitym. Abeg make God just kill buhari, Notin is working in dis stupid government 2 Likes |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by jomboliski(m): 10:28am On Oct 11, 2016 |
9ja will rise again... 1 Like |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by grownaira: 10:28am On Oct 11, 2016 |
It shall be well, sooner than later Meanwhile, for your livestock feed production, pls contact us for your good quality soyabean cake and groundnut cake. Direct from factory. Good price. 1 Like |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by martineverest(m): 10:28am On Oct 11, 2016 |
this useless bloomberg wont mind their businesss...enemy of naija economic progress |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by rabex123(m): 10:29am On Oct 11, 2016 |
Analist analysing thing the way they like as if only Nigeria is facing thus problem..some times when you see this you will think Nigeria is done and dusted..#we will pull tru 2 Likes |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by kings09(m): 10:29am On Oct 11, 2016 |
Buhari will blame Gej for initiating the TSA n tempting him to implement it in one fell swoop. Zombies over to u. Come n do ur wrk of 'blaming' 19 Likes 1 Share |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by michoim(m): 10:29am On Oct 11, 2016 |
Credit crisis is all over the world, not only in Nigeria. 4 Likes |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by 1zynnvn(m): 10:30am On Oct 11, 2016 |
Global meltdown, We are survivours Dyu know you can monitor the location of your car/truck, demobilize the vehicle in case of theft,listen to conversations in your car even when you are not there, all with your mobile phone, etc contact costrack services on 07067990212 |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by haconjy(m): 10:30am On Oct 11, 2016 |
hummm |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by olaolulazio(m): 10:30am On Oct 11, 2016 |
Why won't they.... When 50 customers are owning trillions. 2 Likes |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by Nobody: 10:30am On Oct 11, 2016 |
wetin concern una |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by kings09(m): 10:30am On Oct 11, 2016 |
Kindly blame sumbody, Gej for example ![]() ![]() michoim: 1 Like 1 Share |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by koolguy88(m): 10:31am On Oct 11, 2016 |
woooooooow this is serious and calls for a bailout ![]() |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by koolguy88(m): 10:31am On Oct 11, 2016 |
woooooooow this is serious and calls for a bailout ![]() |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by miccheck58: 10:33am On Oct 11, 2016 |
Nigerian banks are lazy...... Apart from government money and money made via corrupt process, they can't innovate other ways of raising funds 3 Likes 1 Share |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by Lilimax(f): 10:33am On Oct 11, 2016 |
Hmmm.... |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by naijaboy756: 10:34am On Oct 11, 2016 |
martineverest:afonja 5 Likes |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by kingphilip(m): 10:34am On Oct 11, 2016 |
Ok |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by airsaylongcon: 10:34am On Oct 11, 2016 |
davide470: This is just pure prejudice from you. If they had come singing praises you would have opened your unclean mouth to sing the high praises of Chinakwe's dog. Truth is the aforementioned institutions are heavily stressed. Truth is bitter 10 Likes |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by ephi123(f): 10:34am On Oct 11, 2016 |
Na wa o - meanwhile our president is flying to "West Germany". Nigerians have entered one chance. ![]() 2 Likes |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by naijaboy756: 10:35am On Oct 11, 2016 |
davide470:afonja! U know the Dullard will be blamed 3 Likes |
Re: Nigerian Banking Industry Seen in ‘Full-Blown’ Credit Crisis by mriyesecnerwal(m): 10:35am On Oct 11, 2016 |
Ok |
Power Supply Drops By 1047mw / I Want To Open A Vegetable Oil Shop / Frauds In Banks And Banks In Fraud
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 26 |