Fidelity bank banner NewsExpress advert
BRANDish to discuss way forward for Nigerian banks at maiden “Meeting-of-Minds” on March 30

By News Express on 28/02/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,032

•BRANDish Analyst-in-Chief Ikem Okuhu.
•BRANDish Analyst-in-Chief Ikem Okuhu.

In the light of the debilitating challenges that has been facing banks operating in Nigeria of recent, especially since the current economic recession, a forum will on March 30, 2017, at the White House Hotel, GRA, Ikeja, assemble experts and industry leaders to discuss a way forward for players in the financial services industry.

Tagged, the “Meeting of Minds” the forum is put together by BRANDish, Nigeria’s leading marketing and brands communication publication, has as its theme; “What Should Nigerian Banks do Differently” and is part of contributions to conversations geared towards lifting businesses in Nigeria off the recession by changing the way businesses are conducted, especially by the banks.

Banks in Nigeria have been facing tough times since the current recession hit the Nigerian economy with shrinking deposit liabilities that was worsened by the implementation of the Treasury Single Account regime which took public sector deposits and Federal Government revenue collections from the banks.

The consequence of this has been massive job losses in the industry as banks, no longer able to cope with huge wage bills in the face of thawing revenue, have had to ask many of its employees to go.

Speaking Monday on the reasons behind the “Meeting of Minds,” Ikem Okuhu, Analyst-in-Chief, BRANDish, said the event, billed to hold every quarter will seek to aggregate expert views on what banks in Nigeria should do differently, not just to enable them remain in business but also to ensure they provide the needed support to enable the economy grow.

“Everybody is in agreement that banks in Nigeria are currently facing very difficult times.
Businesses that should be the critical drivers of growth for this sector are shrinking as a result of the economic slowdown and banks, which, on their part, should be supporting businesses are finding it hard to survive. This calls for urgent rethinking and rejigging of what banks do and how they do it,” he stated.

Okuhu also drew attention to the fact that apart from the introduction of technology that has smoothened banking business over the last 10 years, the approach of bankers to the business of engagement and marketing has virtually remained unchanged the beginning of banking business in Nigeria.

“I will not hold brief for the experts that will be speaking on that day, but you will agree with me that there is need to tweak, or altogether alter the approach of banks to the business of banking. The current mode has outlived its usefulness and there is urgent need to fashion a new way for the business, otherwise, the economy will continue to be beleaguered and banks, as a result will continue to slide,” he explained.

Source News Express

Posted 28/02/2017 3:30:04 PM


Share on facebook Yahoo mail icon Gmail icon Share on Google+



REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...


You may also like...
Afenifere warns against scrapping of Bank of Industry...

2019: Nigerian wrestlers tip Tinubu to succeed Buhari...

Buhari committed to creating jobs for unemployed youths...

Double honours as Akunyili wins award in USA...

INEC assures of credible elections in Kogi, Bayelsa...

NAN Senate passes confidence vote on Army

Buhari commends Benin Kingdom for stabilising Nigeria

Army confirms rescue of abducted Chibok girl

Defection of APGA lawmakers worrisome, says Peter Obi...

Army captures Boko Haram warrior linked to kidnap...

Meningitis kills 8 in Kaduna

Radio Biafra mocks FG, releases frequency details


Latest News Islamic State terrorists sneaking into Nigeria: Report 1,500 Nigerians jailed in Italy Cholera kills 19 in Niger, 65 hospitalised Shell tasks contractors over safety, rewards champions Wike swears in 23 new council chairmen How Nigerian advertisers waste billions of naira on celebrity endorsements — Study Saraki leads Senate delegation on visit to Russian Parliament 2019: Ekweremadu alleges APC onslaught against PDP leaders Atiku, Tinubu meet at Akure Airport •Atiku visits Fayose, canvasses support for PDP candidate as nationwide consultations gather speed NSCDC declares war against pipeline vandals FG plans artificial insemination of cows for quality milk production World Cup 2018: England beat Tunisia 2-1


Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (351,819 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (350,969 views) Shameless Genevieve Nnaji exposes breasts in public (279,780 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (229,729 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (208,826 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (208,372 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (181,517 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (163,586 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (153,689 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (148,303 views) Lagos plane crash: Journalist releases victims’ names (143,626 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (135,481 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (50) Business & Economy (3,246) Business Verdict (44) Columnists (868) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (504) Features (606) Global Business Monitor (282) International (2,035) Interview (153) Live Commentary (28) Love Matters (123) News (36,295) Opinion (1,003) Pidgin (10) Politics (5,278) Religion (770) Sports (1,550) Stock Watch (30) AMA & Al Jazeera Global Update


CBN banner

Firstmobile banner




Portugal v Spain 2018


APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera