Month: July 2016

First City Monument Bank (FCMB) Limited has said that underlining its business philosophy is its drive to attain the highest levels of customer advocacy and customer satisfaction. A statement from ...

Wema Bank Plc has announced the official launch of its special Unstructured Supplementary Service Data (USSD) banking platform *945#. A statement explained that bank’s former USSD code was upgraded with ...

The equities market closed Monday on a negative note, as NSE ASI depreciated by 1.04% to close at 29,002.06basis points, compared with the 0.99% depreciation recorded previously. Its Year-to-Date (YTD) returns ...

Sky Bank Customers Make Panic Withdrawal Following the announcement by the Central Bank of Nigeria (CBN) taking over the management of Sky Bank Plc, the bank's customers has besieged their ...

The Central Bank of Nigeria has taken over the Board and management of Skye Bank Plc after the lender failed to meet the regulator’s minimum key liquidity and capital adequacy ...

Following the voluntary resignation of the management board of Sky Bank Plc,  Adetokunbo Mukhail ABIRU has emerged as the new Managing Director/CEO of the bank. Also appointed is Alhaji Muhammad K. ...

Chief Executive Timothy Oguntayo, who led Skye Bank to acquire nationalised lender Mainstreet Bank in 2014, resigned before a central bank announcement on Monday, the source added. Nigeria’s central bank ...

The Central Bank of Nigeria (CBN) has warned commercial banks to desist from giving sensitive banking roles to contract staff, as they may not have a stake in the banks. ...

The Central Bank of Nigeria will dissolve the Board of Skye bank and partially take over the bank today. The development comes as the bank has been deemed ‘unhealthy’ and ...

The Central Bank Of Nigeria (CBN) is set to announce the state of Nigerian Bank later today. According to CBN  data on commercial banks in Nigeria, a total of 21 ...