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Bank MD bags 5-year jail term for N4.7m scam
The Managing Director of Workman Microfinance Bank in Bauchi State, Sarita Aliyu Hello, has been sentenced to five years imprisonment on a two-count charge...
Kaduna seals FirstBank, GTB, Access, Sterling branches over N300.5m unpaid taxes
The Kaduna State Internal Revenue Service (KADIRS) has sealed the branch offices of four banks in Kaduna over N300.5 million unpaid taxes.
Executive Chairman of...
CBN: Banks refunded N89.2bn to customers in June
Commercial banks in Nigeria refunded N89.2 billion to customers as at the end of June 2021 over several complaints.
Governor of Central Bank of Nigeria...
CBN picks Bitt Inc. as tech partner for eNaira
The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech Company, Bitt Inc., as the Technical Partner for its...
LOTUS Bank opens 3 new branches in Lagos
The newest and third Non-Interest Bank (NIB) in the country, LOTUS Bank Ltd., has commenced operations in three new locations in Lagos State.
Managing Director...
Sterling Bank unveils free banking services for NGOs
Sterling Bank Plc. has unveiled Sterling CARES, a free banking service for non-governmental organisations (NGOs), to empower non-profit organisations across the country.
This was disclosed...
MTN to offer 14% shares to Nigerian investors
Telecommunications giant, MTN Nigeria, will soon offer 14 per cent of its shares to over two million Nigerian retail investors.
The communications giant will also...
NCC frets over telcos’ finances, mulls new capital structure
The Nigerian Communications Commission (NCC) has expressed worry over the financial state of telecommunications companies in the country.
According to the Commission, an audit of...
Pantami: Nigeria earned N1.05trn from ICT in 2 years
The Minister of Communications and Digital Economy, Dr. Isa Pantami has said that the Information and Communication Technology sector contributed over N1.05 trillion to...
Ericsson: 5G subscriptions near 580m
Subscriptions for the fifth generation (5G) technology have been forecast to exceed 580 million globally by the end of this year.
This is according to...
