Nigerian banks know that expanding branch networks and introducing new technology requires a skilled workforce. Nick Kochan reports on staff training efforts.
Africa
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Same song sheet
April 2, 2007Banking consolidation has given Nigerian banks the headache of integrating a variety of disparate technological systems onto single platforms. Nick Kochan reports.
Fuel injection
April 2, 2007High prices and new finds mean Nigeria’s dependence on hydrocarbon exports will go on, albeit with a greater emphasis on in-house refining. John McCarthy reports.
Small money
April 2, 2007The government is taking steps to address the lack of funding available to micro, small and medium-sized businesses. John McCarthy reports.
African blueprint
April 2, 2007Aigboje Aig-Imoukhuede, CEO of Access Bank, tells The Banker of his plans for a top five Nigerian listing by 2010 and his vision of establishing a pan-African presence.
Retail jump-start
April 2, 2007Nigeria’s retail environment is developing fast, says Nick Kochan, but further growth is hampered by the absence of a credit checking system and a national ID card.
Message received
April 2, 2007Nigerian banks are beginning to realise that they can build their customer bases and raise efficiency by participating in mobile banking, says Wendy Atkins.
Still on the road to better results
April 2, 2007Bank consolidation continues and capital adequacy has improved but what is needed in the sector is a new culture that will attract new customers to boost the bottom line. Nick Kochan reports.
Capital advances
April 2, 2007Over the past decade, a quiet revolution has occurred in the country’s capital market. John McCarthy reports.
High hopes for a better future
April 2, 2007Economic growth continues but so do political tensions. Much of Nigeria’s future depends on the outcome of the next presidential elections and the continuation of wide-ranging reforms, writes John McCarthy.