Facts of how a senior female bank manager with Fidelity Bank Plc, Lagos, Agatha Dunu Igwe, allegedly obtained the sum of N42 million from the Managing Director of Maydom Pharmaceutical Limited under false pretence, have emerged. According to P.M.EXPRESS Mrs. Igwe has been charged before the Lagos Magistrates Court andRead More →
The Central Bank of Kenya (CBK) has given Access Bank the go ahead to acquired 100% of Kenya’s Transnational Bank Plc and its 28 branches. The acquisition was disclosed in a statement issue by the country’s apex bank. “Access Bank Plc’s business model mainly focuses on corporate and retail banking andRead More →
The walls of first Bank are cracking in a fist of battle between the former MD Olabisi Onasanya and the current MD Adesola Adedutan. The raging and timeless war has now spurned like elastic rubber reaching its final draw to a point where Olabisi has sworn never to forgive Adedutan.Read More →
In the last couple of years, the online trading industry in Nigeria has experienced exponential growth. In turn, this has resulted in one of the leading and healthiest investment and trading markets in all of Africa. There are several reasons for this, including better internet connections, stricter regulation, and aRead More →
CBN reduces charges applicable to bank accounts, electronic transfers, and Automated Teller Machines (ATM). Electronic transfers below N5,000 will attract a maximum charge of N10; transfer from N5001 – N50,000 – N25; and transfers above N50,000- N50. CBN says the new charges will further allow bank customers to embrace electronicRead More →
