PIA, gas initiatives’ll transform Nigeria’s energy sector – Osinbajo
The passage of the Petroleum Industry Bill (PIB), as well as Nigeria’s gas initiatives, will help transform Nigeria into a gas-based industrialized nation.
This will...
Edo Modular Refinery set to begin operations – Obaseki
The Edo Modular Refinery being developed by Edo Refinery and Petrochemical Company Limited (ERPC) in Ologbo, Ikpoba - Okha Local Government Area of Edo...
Heritage Bank’s unorthodox debt recovery
When the now-viral video of some staff members of Heritage Bank protesting at the house of a supposed debtor first surfaced online recently, many...
Bank chiefs back anti-graft policy, call for regular engagement
Chief Executives of Nigerian banks have pledged to support the anti-corruption policies of the government.
The CEOs spoke during an interactive session with the Economic...
EFCC to bank chiefs: Steer clear of election financing
Nigeria’s anti graft agency, the Economic and Financial Crimes Commission (EFCC), has sought greater collaboration with financial institutions in the country as a way...
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 Breweries Ltd.
According to a...
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 on a two-count charge...
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 unpaid taxes.
Executive Chairman of...
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 of Central Bank of Nigeria...
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 Technical Partner for its...
