DTN-28-1-19

Page 1

Expect more acquisitions, increase in banking competition in 2019 – Report

Says Banks with lower regulatory CAR may raise fresh capital ’CBN will continue monitoring activities to maintain FX stability’

Motolani Oseni, Lagos Nigeria’s banking industry may not have witnessed the last acquisition or merger this year, as more of such deal may likely happen before the end of 2019, the latest report by analysts at Guaranty Trust Bank Plc (GTBank) has revealed.

This, they believe, will increase competition in the nation’s banking industry in 2019. Although, their projections followed the Access Bank Plc acquisition of Diamond Bank Plc, in a process that is expected to be successfully completed by April this year. Continued on page 3

MONDAY, JANUARY 28, 2019

VOL. 3

NO. 862

N100

Stakeholders decide Onnoghen’s fate this week https://plus.google.com/+DailytimesNgr/posts

dailytimesnigeria

www.facebook.com/dailytimesngr

g5

NJC, Senate to meet on way forward

NBA summons crucial meeting as SERAP wants NJC to takeover case

L-R: Convener, Re-elect Buhari Movement (RBM), Mr. Emmanuel Umohinyang; National Co-ordinator, Pro-Buhari groups and South-South Co-ordinator, Buhari Presidential Campaign, Senator Godswill Akpabio and RBM National Co-ordinator, Prince Goodluck Obi, when Akpabio paid a solidarity visit to RBM in Lagos.

Presidency faults US, UK, EU on g CJN’s suspension

3

FG orders g 6 immediate crackdown on illegal tertiary institutions

INEC okays 144 observer groups for 2019 polls g 5

APC plots violent takeover of NASS leadership, CUPP alleges g 6


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.