Banking

NOVA Bank begins operations as national commercial bank

NOVA Bank, formerly known as NOVA Merchant Bank, has officially commenced operations as a National Commercial Bank. The has opened…

2 years ago

Recapitalisation: Access Bank offers N351bn rights issue

Access Holdings has held a formal signing ceremony as part of the arrangements to raise N351,009,103,017.25 by way of a…

2 years ago

AGF takes over N6.6bn fraud case against Polaris Bank official

The Attorney-General of the Federation (AGF) and Minster of Justice, Lateef Fagbemi (SAN), has taken over the trial of Chinenye…

2 years ago

N17bn debt: Court hears GTB’s applications against Afex Exchange July 8

A Federal High Court sitting in Lagos has fixed July 8, 2024, for the hearing of all pending applications in…

2 years ago

CBN stops forex price verification system portal

The Central Bank of Nigeria (CBN) has announced the discontinuation of its Price Verification System (PVS) Portal, effective July 1,…

2 years ago

Cardoso: CBN’ll tame inflation via conventional methods

The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has reiterated the determination of the bank’s Monetary Policy Committee (MPC)…

2 years ago

Otedola buys additional 2.22% stake in First Bank for N17.2bn

The Chairman of FBN Holdings, Femi Otedola, has acquired an additional 2.22 per cent stake in First Bank. This was…

2 years ago

EFCC arrests 2 Union Bank officials for stealing customers’ N4.1m

The operatives of the Economic and Financial Crimes Commission (EFCC) have arrested two former staff of Union Bank for allegedly stealing the…

2 years ago

Otedola regains position as biggest shareholder in First Bank

The Chairman of FBN Holdings, Femi Otedola, has regained his position as the majority shareholder of First Bank, holding a…

2 years ago

First Bank confirms Olusegun Alebiosu’s appointment as MD

FBN Holdings Plc has confirmed the appointment of Olusegun Alebiosu as substantive Managing Director/Chief Executive Officer of First Bank of…

2 years ago

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