Banking

How Indian banks recover $1bn from defaulting billionaire

Seventeen Indian banks have received 71.82 billion rupees ($967 million) by selling defaulter and former billionaire Vijay Mallya's stake in the United…

4 years ago

Bank MD bags 5-year jail term for N4.7m scam

The Managing Director of Workman Microfinance Bank in Bauchi State, Sarita Aliyu Hello, has been sentenced to five years imprisonment…

4 years ago

Kaduna seals FirstBank, GTB, Access, Sterling  branches over N300.5m unpaid taxes

The Kaduna State Internal Revenue Service (KADIRS) has sealed the branch offices of four banks in Kaduna over N300.5 million…

4 years ago

CBN: Banks refunded N89.2bn to customers in June

Commercial banks in Nigeria refunded N89.2 billion to customers as at the end of June 2021 over several complaints. Governor…

4 years ago

CBN picks Bitt Inc. as tech partner for eNaira

The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech Company, Bitt Inc., as the…

4 years ago

LOTUS Bank opens 3 new branches in Lagos

The newest and third Non-Interest Bank (NIB) in the country, LOTUS Bank Ltd., has commenced operations in three new locations…

4 years ago

Sterling Bank unveils free banking services for NGOs

Sterling Bank Plc. has unveiled Sterling CARES, a free banking service for non-governmental organisations (NGOs), to empower non-profit organisations across…

4 years ago

This website uses cookies.