FirstBank Dismisses Threat Of Competition From Fintechs

FIRSTBank of Nigeria (FBN) Limited has dismissed the threat of competition from Financial Technology (FinTechs) companies…

Dangote, The Man That Used Cement To Build His Fortune

We woke up to a report that ‘Our’ (because sucess has many friends) Aliko Dangote, President…

UBA Group Launches Full Banking Operations in the UK

L-R: CEO, UBA UK, Mr. Patrick Gutmann; GMD/CEO, UBA Plc, Mr. Kennedy Uzoka; President, Dangote Group,…

First Bank marks 125th anniversary, reassures commitment to Nigeria’s devt.

First Bank of Nigeria Limited on Friday said that it would remain committed to the development…

Infrastructure gap: SEC to invest in green bonds

By Onyeka Ajumobi Onochie The Securities and Exchange Commission (SEC) has said that the nation’s huge…

Nine companies invested N277.417 billion in three months – NIPC

By Onyeka Ajumobi Onochie The Nigerian Investment Promotion Commission (NIPC) has said that nine Nigerian companies,…

Customer sues Zenith Bank N6.4 billion over excessive and illegal charges

By Our Reporter A federal high court sitting in Lagos has adjourned  for further hearing in…

9 Nigerian companies made N277.417bn investments in 3 months, says NIPC

BY ONYEKA AJUMOBI ONOCHIE The Nigerian Investment Promotion Commission (NIPC) has said that nine Nigerian companies,…

FG Slaps Six Oil Giants With $20 Billion In Back Taxes

The Nigerian government through the NNPC has asked oil giants to pay nearly $20 billion in…

Alleged Breach Of Contract: UK Court Grants Nigeria’s Request To Appeal $6.59bn Damages

The Nigerian government says the UK Commercial Court has granted its request for ‘relief from sanction’…

Bank MD To Spend 32 Years In Jail Over $166m Fraud

The managing director of Integrated Microfinance Bank Limited, Simon Ademola Akinteye, has been sentenced to 32…

Nigeria’s population growing faster than economy – Report

The Nigerian economy is growing slower than the growth rate in its population, the FSDH research…

Zenith Bank’s Profit After Tax stands at N193.15bn

Zenith International Bank Plc, on Tuesday, became the first bank to announce its 2018 audited result,…

Europe’s largest bank, HSBC, misses expectations in 2018 earnings

HSBC, headquartered in London, reported full-year earnings on Tuesday The largest bank in Europe says 2018…

FAAC Disburses N649.19bn in January 2019

The Federation Account Allocation Committee (FAAC) disbursed the sum of N649.19bn to the three tiers of…

Buhari Govt. committed to private sector-driven economy – Okoh

By Onyeka Ajumobi Onochie Director General of the Bureau of Public Enterprises (BPE), Mr. Alex A.…

NDIC, stakeholders bicker over MFB liquidation

BY ONYEKA AJUMOBI ONOCHIE The Nigeria Deposit Insurance Corporation (NDIC) and two stakeholders of the finance…

NDIC board promises sound policies towards financial system stability

BY ONYEKA AJUMOBI ONOCHIE Members of the newly inaugurated Board of the Nigeria Deposit Insurance Corporation…

Huawei’s fate in the US will be decided in the coming weeks

A March 6 hearing is set in Vancouver for Meng Wanzhou, the CFO of China tech…

ECOBANK Manager sent to prison for defrauding customer N411million

By Owolola Adebola A Federal High Court sitting in Lagos, has ordered the remand of a…