Banking

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…

4 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…

4 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,…

4 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.…

4 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…

4 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.…

4 years ago

Court freezes Benue govt’s bank accounts over N333m loan

Following its inability to pay back N333 million loan borrowed in 2008, a Federal High Court in Abuja has made…

4 years ago

eNaira: CBN raises the alarm over fraudsters’ 50bn offer, fake twitter handle

The Central Bank of Nigeria (CBN) has raised the alarm over the activities of fraudsters following the launch of the…

4 years ago

How bank manager forged my signature to divert N42.5m – Hotelier

A hotelier, Mr. Babatunde Emmanuel on Wednesday before an Ikeja Special Offences Court, alleged that Access Bank Plc., relied on…

4 years ago

Kenya gets $150m World Bank credit for climate financing

World Bank has granted Kenya 16.7 billion shillings (about $150 million) to support the country’s climate action plan, the National…

4 years ago

This website uses cookies.