Haruna Magaji, Author at Financial Watch

Bank Blacklisting of staff: CBN Reiterates Conditions for Erring Bank Worker

July 6, 2016 Haruna Magaji

The Central Bank of Nigeria (CBN) has reiterated that employee(s) in any financial institutions under its regulation that was terminated, dismissed or convicted on the […]

CBN New Policies Create Bubble Among Bankers

CBN Orders Banks To Register All Collateral With NCR

July 5, 2016 Haruna Magaji

The Central Bank of Nigeria (CBN) with effect from yesterday, mandated all banks and other financial institutions in the country to register all collateral used […]

FCMB Restates Commitment to Customer Satisfaction

July 5, 2016 Haruna Magaji

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 […]

Wema Bank Eyes Acquisitions Plans to Raise Debt

Wema Bank Unveils Easy Banking Platform

July 5, 2016 Haruna Magaji

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 […]

Skye bank tops losers on sell-off as stocks extend losing streak

July 5, 2016 Haruna Magaji

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 […]

CBN Take Over: Sky Bank Customers Make Panic Withdrawal

July 4, 2016 Haruna Magaji

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 banking […]

CBN Announces takes over of Skye Bank

July 4, 2016 Haruna Magaji

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 […]

Adetokunbo Mukhail ABIRU Sky Bank New CEO

Sky Bank Appoints Adetokunbo Mukhail ABIRU As New CEO

July 4, 2016 Haruna Magaji

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. […]

Skye Bank CEO resigns as CBN sack execs over capital issues

July 4, 2016 Haruna Magaji

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 […]

“Don’t Give Sensitive Roles To Contract Staff” – CBN Tells Banks

July 4, 2016 Haruna Magaji

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 […]