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The management of Guaranty Trust Bank (GTBank) has been caught in a new net of controversy. The awkward situation derives from the preparations for a switch over in managerial directorship, aka Segun Agbaje’s pending retirement. According to the trending gist, GTBank’s Board of Directors refused and rejected Agbaje’s nomination forRead More →

-Why the Bank Depends on Lagos State Government Account It was in September 2018 that the operating license of the now defunct Skye Bank Plc was revoked. And Skye Bank was renamed Polaris Bank Limited. Mr. Adetokunbo Mukhail Abiru who had been appointed by the Central Bank of Nigeria (CBN)Read More →

Access Bank Plc has commenced an exclusive discussion towards full acquisition of Cavmont Bank Limited, a Zambia-based financial institution. Access Bank is seeking to consummate the acquisition through its Zambian subsidiary, Access Bank Zambia Limited. In a regulatory filing at the Nigerian Stock Exchange (NSE), Access Bank stated that itRead More →

…How he is fighting high profile debtors head on The clock is fast ticking. Years have gradually thinned into months and now, weeks. By 2021, Segun Agbaje would statutorily cease to be the Group Managing Director/Chief Executive Officer of Guaranty Trust Bank. This is based on a Central Bank ofRead More →

Zenith Bank Plc has again emerged as the Number One Bank in Nigeria by Tier-1 Capital in the 2020 Top 1000 World Banks Ranking published by The Banker Magazine. Climbing a whopping 29 spots from 415 in 2019 to 386 in the 2020 global ranking of banks, Zenith Bank retainedRead More →

The Government of Imo State has issued a 14 day ultimatum to Zenith Bank Plc to refund what it described as inappropriate charges totalling N111.5bn. The amount, according to the government of Imo State should be refunded into its account within 14 days. According to a report by THE WHISTLER,Read More →

The Economic and Financial Crimes Commission (EFCC) is prosecuting Omotola Fawehinmi, an employee of Zenith Bank Plc before Justice Chuka Obiozor of the Federal High Court, Ikoyi, Lagos, on a five-count charge of forgery and failure to carry out due diligence. The trial of Fawehinmi, standing trial for an allegedRead More →

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested a primary school teacher, Mrs. Roseline Uche Egbuha, three staff of Guaranty Trust Bank (GTB) and a lawyer for allegedly laundering N550 million. According to reports, Mrs. Egbuha, a teacher with Ozala Primary School, Abagana, Anambra State, wasRead More →

In many ways, human life is spectacular. The length of our days is not what gives strength to our time on Earth, but the degree to which we burn. Unfortunately, even that isn’t set on stone as the foundation of an enduring and notable legacy. Only nine years after theRead More →