Banking

Otedola’s stake in First Bank rises to 7.01% as profit hits N208bn

The ordinary shares of the Chairman of FBN Holdings Plc, Femi Otedola, in First Bank have increased to 7.01 per…

2 years ago

Again, Access Bank ranked Nigeria’s most valuable brand

Access Bank Plc has again been ranked Nigeria’s most valuable brand by Brand Finance, a leading brand valuation consultancy. The…

2 years ago

CBN sacks 200 officials

The Central Bank of Nigeria (CBN) has reportedly sacked 200 staff of the apex bank. It was gathered that the…

2 years ago

CBN raises interest rate to 26.25%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) from 24.75 per cent to 26.25 per…

2 years ago

CBN halts 0.5% cybersecurity levy

The Central Bank of Nigeria (CBN) has withdrawn the circular directing banks to implement a 0.5 per cent cybersecurity levy…

2 years ago

Bank manager arrested for alleged N650m fraud in Osun

The Police Command in Osun State has arrested a former bank manager for allegedly obtaining N650,850,000 from 35 persons on…

2 years ago

SERAP, BudgIT, others drag CBN to court over cybersecurity levy

The Socio-Economic Rights and Accountability Project (SERAP), BudgIT, and 136 Nigerians have filed a lawsuit against the Central Bank of…

2 years ago

Reps to CBN: Halt implementation of 0.5% cybersecurity levy

The House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend the implementation of the cybercrime levy.…

2 years ago

Zenith Bank shareholders approve N125.59bn dividend payout

Shareholders of Zenith Bank Plc have approved the proposed final dividend payment of N3.50 per share, bringing the total dividend…

2 years ago

CBN orders banks to suspend charges on cash deposits till September

The Central Bank of Nigeria (CBN) has directed banks in the country to stop charges on cash deposits until September…

2 years ago

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