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 Government has filed charges against First Bank of Nigeria Limited, its managing director and three others over allegations bordering on forgery. The charge sheet, marked CR/266/2023 before the High Court of the Federal Capital Territory, Abuja, also includes two lawyers, Muftau Ande and Dibiaezue Chuks, as well asRead 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 →
Wema Bank Plc hereby announces Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective April 1, 2023. After serving in acting capacity since January 1, 2023, Oseni will be succeeding Ademola Adebise, following approval by the Central Bank of Nigeria (CBN). Oseni’s journey with Wema Bank beganRead 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 →
If there is one thing that the Economic and Financial Crimes Commission (EFCC) should always be commended for, it is that it never forgets. You can trust the anti-graft agency to periodically dredge up old cases, keeping accused persons on the hot seat, and encouraging the casting of aspersions theirRead More →
The Economic and Financial Crimes Commission has arraigned five workers of Fidelity Bank before Justice Archibong Archibong of the Akwa Ibom State High Court sitting in Uyo over diversion a dead customers money for personal use. They accused were arraigned on a 23-count charge bordering on conspiracy, forgery, obtaining byRead 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 →
The CNN Anchor, Richard Quest, today paid a courtesy visit on the Management of Fidelity Bank Plc and engaged the team on several issues including SME lending and leveraging digital channels to deepen financial inclusion in Nigeria.Read More →
The presiding Judge of a Federal High Court Chukwujekwu Aneke sitting in Lagos south west Nigeria has ordered that Wema bank Plc and its six officials cited for contempt for disobeying the order of the court should appear before the court on Monday 17th day of February, 2020 to explainRead More →
