Search Result for 'bank'

After being apprehended for robbery, a former bank employee has denied involvement. Following his arrest last Thursday, Jan 14, on the Osu/Ile-Ife Expressway, 38 years old Moses Keffi, said he ...

Oluleye Adigun, a US-based Nigerian billionaire has revealed ongoing effort to invest N3 billion ($6.8million) in Fidelity Bank through shares acquisition. According to the News Agency of Nigeria (NAN), Mr ...

Dimeji Bankole, a former House of Representatives Speaker will on Friday 15 January tie the nuptial knot with Miss Aisha Shinkafi Saidu, daughter of Kebbi Governor, Atiku Bagudu. Recall that ...

A former Managing Director of Finbank Plc has been sentenced and convicted to three years imprisonment over N10bn fraud by Justice Lateefa A. Okunnu of the Lagos State High Court ...

Amid the allegation of marital infidelity, Adam Nuru, managing director of First City Monument Bank (FCMB), has been sent on leave. According to TheCable, a source revealed that a panel ...

The Debt Management Office (DMO) has disclosed that Nigeria took loans worth $31.98 billion from World Bank Group, International Monetary Fund (IMF), African Development Bank (AfDB) Group and others as ...

Banks have resolved to further tighten lending conditions in the first quarter of next year (Q1’21) following continued increase in loan defaults by debtor customers. The Central Bank of Nigeria ...

Following British lawmaker, Tom Tugendhat's claim against former Nigerian Head of State, Yakubu Gowon that he looted half of Central Bank Of Nigeria, the United Kingdom has dissociated itself from ...

Deposit Money Banks borrowed N1.7tn from the Central Bank of Nigeria in the third quarter of 2020. The CBN disclosed this in its third quarter economic report. Part of the ...

After eight years of leading Union Bank Nigeria Plc as its chief executive officer Emeka Emuwa has communicated his decision to retire from the bank and his role as CEO ...

The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The affected banks have been shut down following the development. The affected banks are ...

Justice John Tsoho, the Chief Judge of the Federal High Court has revealed how freezing of #ENDSARS protesters' bank accounts helped the nation. This is coming hours after the Chief ...

Lawal Olarewaju Musharaf, a banker in Lagos has been accused of battering his wife, Lawal Mariam, for chatting with her male ex schoolmate. Source allege that the couple were returning ...

The Chief Judge of the Federal High Court, Justice John Tsoho, has said that the court did not freeze accounts of End SARS protesters but those of corporate bodies under ...

The World Bank has approved a $1.5bn for Nigeria to reduce poverty in the country. This is coming after the World Bank Group discussed a new five-year Country Partnership Framework ...

The Edo state Police Command says it has uncovered a plot by unknown armed robbers to rob several banks including other commercial centers during the festive period. The Commissioner of ...

The deduction of stamp duty charges by Nigerian banks has been declared as illegal by a federal high court in Asaba. The judge, Nnamdi Dimgba gave the verdict on Wednesday ...

World Bank country director for Nigeria, Shubham Chaudhuri has stated that Nigeria needs more monetary reform in order to access $1.5 billion loan. Recall that the naira weakened at N500 ...

Due to the impact of the COVID-19 pandemic on the country’s economy, the World Bank has projected that the number of poor Nigerians will increase from the present 90 million ...