Banking

CBN approves payment service bank licenses to MTN, Airtel

Two major telecommunications firms in Nigeria, MTN Nigeria and Airtel Africa, have been granted approval in principle (AIP) for payment…

3 years ago

CBN spends N58.bn to print banknotes in one year

 The Central Bank of Nigeria (CBN) spent a total of N58,618.50 million to print banknotes in 2020. This was revealed…

3 years ago

N20bn bailout: Sterling Bank opened account without our knowledge – Kogi govt

The Kogi Commissioner for Finance, Budget and Economic Planning, Asiwaju Idris Asiru, has alleged that Sterling Bank opened the controversial…

3 years ago

Ex-bank manager jailed 18 years for N219m fraud

A former manager with Sterling Bank and Account Relationship Officer of OHHA Microfinance Bank, Mr. Oliver Anidiobi, has been convicted…

3 years ago

FRC to sanction banks for violating loan conditions to states

The Fiscal Responsibility Commission (FRC) has notified about 14 banks and financial institutions allegedly granting loans without due process to…

3 years ago

UBA GMD, Kennedy Uzoka, wins ‘Finovator of the Year’ Award

The Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) Plc., Kennedy Uzoka, has been announced as the…

3 years ago

Zenith Bank posts N180bn profit in 9 months

Zenith Bank Plc has posted a profit before tax (PBT) of N180 billion, for the nine months ended September 30,…

3 years ago

Internet fraudster arrested with 70 ATM cards, banker nabbed

The National Drug Law Enforcement Agency (NDLEA) has arrested two suspected internet fraudsters – Eze David and Onyia Chika Steven.…

3 years ago

Afreximbank launches $6.5bn equity capital increase

African Export-Import Bank (Afreximbank) has embarked on a $6.5 billion General Capital Increase (GCI) to expand its capacity to deliver…

3 years ago

Bank to NGX: Hassan-Odukale is FBN Holdings’ largest single shareholder

The Chairman of FBN Holdings (FBNH), Mr. Tunde Hassan-Odukale, has been confirmed as the largest single shareholder of the company.…

3 years ago

This website uses cookies.