The Central Bank of Nigeria (CBN) says no plans to phase out the redesigned Naira notes from circulation. CBN’s Acting Director, Corporate Communications Department, Isa Abdulmumin, made this known in a statement in Abuja on Sunday. The statement was a reaction to a piece of viral news on social mediaRead More →
First Bank of Nigeria Ltd. (FirstBank), has announced a phased corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa. Folake Ani-Mumuney, group head, marketing and corporate communications, FirstBank, said this in a statement in Lagos. The statement said that the name change was implemented to align theRead More →
The Federal Competition and Consumer Protection Commission has approved 173 digital lending applications to operate in the country. Of the 173, 119 have full approvals and 54 have conditional approvals. After loan apps started harassing Nigerians, the FCCPC began a registration drive to protect citizens from the atrocities of theseRead More →
The Inspector General of Nigerian Police Force has filed second amended charge before a Lagos Federal high court against United Bank for Africa (UBA), two of it’s staff and a limited liability company, Castle Equipment & Logistics Limited and it’s Managing Director alleged to have swindled a Lagos business man,Read More →
Coming first in any tournament of business and profitability requires boldness robust enough to topple the world. But when this boldness leads in the direction of greed and infamy, the trophies that follow being triumphant would eventually bury the winner under the weight of a bad reputation. Guaranty Trust BankRead More →
The current Access Bank is a monster of a financial institution. Compared to other banks in Nigeria and the rest of Africa, Access Bank came from the very bottom to establish its hegemony among the stars of the corporate nebula. With characters like Aigboje Aig-Imoukhuede and Herbert Wigwe as itsRead More →
Within what is considered the corporate corridor in Nigeria, banking is the coolest corner. The media often presents bank GMDs, MD/CEOs and DMDs as pragmatic and pigheaded individuals who have no time for even trite pleasantries, not to mention mischievousness and malice in the workplace. However, once in a while,Read More →
No fewer than three thousand girls drawn from Senior Secondary Schools across Nigeria have benefitted from a 3-day capacity building initiative on maritime commerce and National Virtual Maritime Quiz powered by Unity Bank Plc. The capacity building initiative, which focused on Information Communication Technology, ICT, maritime transportation and logistics ecosystem,Read More →
Any other day, the banking institution would be hailed as one of the most secure establishments on the planet. After all, this is where funds and assets are kept. But in an age where heists are becoming increasingly common, not to mention, popular bank treasuries are gradually becoming as exposedRead More →
Guaranty Trust Bank plc has released its audited financial results for the year ended December 31, 2019, to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial indices, reaffirming the Bank’s position as one of the most profitable and well managed financialRead More →
