Banking

CBN fixes bank MD’s maximum tenure at 12 years

The Central Bank of Nigeria (CBN) has fixed the tenure of the Managing Director/CEO of a bank at a maximum…

2 years ago

Tribunal fines Stanbic-IBTC Bank N120m over failed transaction

The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja on Thursday imposed a fine of N120 million against Stanbic-IBTC…

2 years ago

New governor approaches six banks for N150bn loan

The Taraba State Government has begun negotiations with a consortium of six Nigerian banks to secure a facility worth N150…

2 years ago

Reps order CBN to stop social media handles requirement for bank customers

The House of Representatives has directed the Central Bank of Nigeria (CBN) to stop its directive on the addition of…

2 years ago

Ecobank to FBN: Reject Otudeko’s N87.6bn share acquisition

Ecobank has kicked against the acquisition of 4.7 billion shares of First Bank Holdings by Oba Otudeko, a former chairman…

2 years ago

Otudeko displaces Otedola, buys N87.8bn First Bank shares

The chairman of Nigerian conglomerate Honeywell Group, Oba Otudeko, has purchased 4.7 billion shares of the First Bank of Nigeria…

2 years ago

CBN places Cameroon, Croatia, Korea on watchlist for money laundering

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and other Financial Institutions (FIs) in the country…

2 years ago

How workers can get Polaris Bank’s loans

Polaris Bank has unveiled simple steps for workers to get loans to meet financial needs, including payment of school fees…

2 years ago

Eid-el-Kabir: LOTUS Bank, AIMS Media hold children’s party in Lagos

LOTUS Bank, in partnership with AIMS Media, has organised the 2023 Eid-el-Kabir Family Party for children with special needs alongside…

2 years ago

Zenith Bank is Nigeria’s number one bank with $2.54bn capital

Zenith Bank Plc has retained its ranking as the Number One Bank in Nigeria by Tier-1 Capital in the 2023…

2 years ago

This website uses cookies.