CashNews.co Germany muscled its way through the COVID-19 pandemic and managed to avoid a devastating industrial shutdown after Russia cut off its gas supplies. Still, it never fully allayed concerns that economic trouble might lie ahead. The past two weeks provided dramatic evidence that these fears were justified. Elections in the eastern German states of […]
Regulatory and High Compliance Costs Threaten Nigerian Banking Industry – Elumelu #IndustryFinance
CashNews.co The Nigerian banking sector is currently facing significant challenges that threaten its ability to sustain growth and drive innovation. High regulatory and compliance costs have become a pressing issue, burdening financial institutions with expenses that could potentially stifle the sector’s capacity to contribute to the country’s economic development. Tony Elumelu, Chairman of the United […]