Banking

Nigerian banks strong, ready to support investors – Jim Ovia

The founder of Zenith Bank Plc, Mr. Jim Ovia, has said that Nigerian banks are stable, strong, solid and ready to support investors.

Speaking in Paris, France during an investment forum, Ovia said the secret behind the stability of the nation’s banking sector was because the Central Bank of Nigeria (CBN) was doing a great job in the area of regulations.

He said with the advent of BVN, the banking sector has entered the digital economy and it has made it easier for investors to track their investment and transactions giving less chances to fraud.

Ovia stressed the need for a quick deployment of the 5-G network technology on the ground that it would revolutionise every sector and leapfrog the economy.

Editor

Recent Posts

Epstein explored Nigerian oil deals but feared being defrauded

Newly released FBI documents reveal that convicted sex offender Jeffrey Epstein considered investing in Nigeria’s…

21 minutes ago

Bandits kill policeman, 4 others in Benue

The police officer and four other persons have been killed by armed bandits at Abande…

47 minutes ago

Man dies while rescuing goat from Oyo well

A 45-year-old man has died while trying to rescue his goat from a deep well…

1 hour ago

National convention: PDP govs reject Wike-backed committee’s attempt to restructure party

The internal crisis within the Peoples Democratic Party (PDP) escalated on Tuesday as governors elected…

1 hour ago

Nigerian press urges FG, NASS to check big tech threats

Nigeria’s leading media organisations have urged the Federal Government and National Assembly to act urgently…

2 hours ago

Uba Sani commissions Kauru road, ends decades of neglect

Governor Uba Sani has commissioned the 22-kilometre Pambeguwa-Kahutu-Kauru asphaltic road, bringing relief to communities that…

2 hours ago

This website uses cookies.