Banking

Euromoney names GTBank best bank in Nigeria

Guaranty Trust Bank Limited (GTBank) has been named the best bank in Nigeria at the 2023 Euromoney Awards for Excellence.…

3 years ago

Adeleke begs banks’ CEOs to reopen closed branches

Governor Ademola Adeleke of Osun has pleaded with banks' Chief Executive Officers in Nigeria to reopen their closed branches in…

3 years ago

Access Bank acquires Standard Chartered’s businesses in Angola, Cameroon, The Gambia, Sierra Leone, Tanzania

Access Bank Plc has taken a bold step in expanding its strategic presence in Africa with the acquisition of Standard…

3 years ago

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…

3 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…

3 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…

3 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…

3 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…

3 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…

3 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…

3 years ago

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