The Federal High Court in Abuja has stopped the Federal Government from deducting $418 million from the bank accounts of the 36 states. This followed a...
An employee of a microfinance bank, Titilayo Bolude, was arraigned on Thursday in a district court in Ejigbo, Lagos, for allegedly stealing N2.1 million from the...
FCMB investors have seen almost 10% of their investment eroded this year as the commercial lender underperformed in the first half of 2021. The bank stock...
The foremost credit rating agency, Agusto & Co. (“Agusto”) has assigned an “AAA” rating to the Development Bank of Nigeria Plc (DBN), the highest rating possible...
Bureau De Change (BDCs) operators have promised to abide by all the directives of the Central Bank of Nigeria (CBN) as the apex bank at the...
Barely a year after the launch of its Agent Credit scheme, First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has announced that it...
Abdulrasheed Bawa, Chairman, Economic and Financial Crimes Commission (EFCC), has disclosed that a bank managing director connived with a former minister to launder N37 million. While...
The African Import-Export Bank (Afreximbank) reported a net profit of $ 87.3 million in the first quarter (Q1, 2021) of the year compared to the 2020...
The Central Bank of Nigeria (CBN), the country’s apex bank, has set new capital requirements for payment firms in the country. The CBN disclosed the capital...
First Bank of Nigeria has confirmed the reconstitution of its Board of Directors by the Central Bank of Nigeria (CBN), following the removal of its Managing...
