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Court sends ex-bank manager to prison for fraud

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The Special Offences Court sitting in the Ikeja area of Lagos State, on Monday, November 18, 2024, remanded a former branch manager of Polaris...

Zenith Bank records N2.9trn growth, profit hits N1.0trn in Q3 2024

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Zenith Bank Plc has announced a triple-digit growth of 118% from N1.33 trillion reported in Q3 2023 to N2.9 trillion in the third quarter...

X agrees to pay Brazil fines as court orders bank to...

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Brazil’s Supreme Court has ordered the unblocking of the bank accounts of X in the country after the social media platform agreed to pay...

Q4’24: Unity Bank projects N27bn earnings, targets N4bn profit

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Unity Bank Plc. has projected gross earnings of N27 billion and a Profit After Tax of N4 billion in Q4, 2024, in its latest...

NDIC pays Heritage Bank depositors

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The Nigeria Deposit Insurance Corporation (NDIC) says it has paid 82.36 per cent of depositors with above N5 million as insured sum in the...

CBN approves Providus, Unity Bank merger

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The Central Bank of Nigeria has approved the merger between Providus Bank Limited and Unity Bank Plc. This was announced via a statement issued by...

Zenith Bank to raise N290bn via rights issue, public offer

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Zenith Bank Plc has announced its readiness to raise N290 billion through a combination of a Rights Issue and a Public Offer in compliance...

Access Bank wins best bank for ESG at Euromoney Awards

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Access Bank has been named Nigeria’s Best Bank and Ghana’s Best Bank for Environmental, Social, and Governance (ESG) at the 2024 Euromoney Awards for...

Access Bank signs N442bn agreement with Dutch bank

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Access Bank Plc has signed a monumental syndicate Tier II Facility agreement of $295 million (equivalent of about N442,500,000,000) with the Dutch Entrepreneurial Development...

Bank official: How Emefiele moved CBN funds to wife

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An Assistant Manager with Zenith Bank Plc, Ifeoma Ogbonnaya, has narrated how the immediate past Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, moved...
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