BANKING

Sterling Bank and Access Bank have notified the Nigerian Stock Exchange (NSE) about their operations concerning the ongoing investigations by the Economic and Financial Crimes Commission (EFCC). The banks on...

Nigerian authorities have quizzed the chief executives of three of the country’s banks over transactions made under the previous government, widening the scope of the anti-corruption drive launched by President...

Sterling Bank Plc’s shares were the toast of the stock market on Tuesday, as investors rallied the lender’s clarification over the recent issue involving the institution and the Economic and...

Central bank of Nigera (CBN) Economic and financial crime commission (EFCC) have launched an investigation into banking deals after allegations of illegal transactions and has interrogated three top banking executives,...

First City Monument Bank (FCMB) Group Plc did every possible thing to ensure it keeps its head above water, but the bottom line slumped sharply. They were able grow customer...

The Central Bank of Nigeria (CBN) has thrown its weight behind the Economic and Financial Crimes Commission (EFCC) in the agency’s on-going investigations and arrests of Managing Directors of Deposit...

First City Monument Bank Limited (FCMB) has closed down some of its branches and sacked staff of those branches. It was gathered Monday night that the branches affected were those...

The Central Bank of Nigeria (CBN) sold a total of $136,038,458.17 to 13 commercial banks, three merchant banks and the Bank of Industry (BoI) between March 3 and 6, 2016....

Wema Bank plc yesterday sought shareholders approval to enter into discussions, negotiations, and or agreement with any bank, financial or non-financial institution locally or internationally for the purpose of acquisition,...

‎President Muhammadu Buhari has asked the Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, to respond to an allegation that he refused to recover N300 billion...