Banking

CBN raises interest rate to 9% on intervention facilities

The Central Bank of Nigeria (CBN) has increased the interest rate of its intervention facilities from five per cent to…

2 years ago

FBNHoldings appoints Ariyibi, Iyamabo as Executive Directors

The Board of the First Bank of Nigeria Holdings (FBNH) has approved the appointment of Mr. Samson Oyewale Ariyibi as…

2 years ago

Access Bank appoints Bamisebi as Executive Director, IT & Digitalisation

Access Holdings Plc has appointed Mr. Olanrewaju Bamisebi as Executive Director, Information Technology and Digitalization. The appointment followed the approval…

2 years ago

EFCC chair: How banks’ mgt stole billions, ruined lenders

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has highlighted how Nigerian banks were ruined by…

2 years ago

N1.8bn fraud: Court delivers judgement in Sterling Bank’s case Sept 13

The trial of the duo of Ogbor Eliot and Kelvin Chris over an alleged N1.8 billion fraud before Justice Oluwatoyin…

2 years ago

Court orders Sunny Odogwu Estate to pay N26bn debt to Access Bank

A Federal High Court sitting in Lagos has upheld the N26 billion debt claimed by Access Bank Plc against the…

2 years ago

Polaris Bank speaks on purported N40bn sale

The management of Polaris Bank has opened up on the purported sale of the bank to a businessman for N40…

2 years ago

GCR affirms NOVA Merchant Bank’s national issuer ratings

Global Credit Rating (GCR) has affirmed NOVA Merchant Bank Limited’s national scale long and short-term ratings of BBB(NG) and A3(NG)…

2 years ago

Court orders arrest of Wema Bank MD, Adebise, over forgery

A Magistrates’ Court sitting in Wuse, Abuja, has issued a warrant of arrest against the Managing Director of Wema Bank…

2 years ago

Father, son arraigned for illegal banking activities

The Economic and Financial Crimes Commission (EFCC) has arraigned one Emmanuel Jayeoba and his son, Ademola Jayeoba Wales, on a…

2 years ago

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