BANKING

Lawyers under the aegis of Progressives Lawyers Forum (PLF) has condemned in strong terms the move by some 10 constitutional lawyers  who have filled a suit calling for the removal...

The Economic and Financial Crimes Commission (EFCC) has released the chief executive officers of two Nigerian banks after the men returned billions of naira they had illicitly acquired from political...

Fidelity Bank‘s stock soared by 6.67 per cent Thursday, May 5, on the Lagos floor of the Nigerian Stock Exchange, NSE, to lead other 24 stocks on the gainers’ table....

Moody’s Investors Service, one of the global rating agencies, has re-affirmed the resilience of the Sterling Bank franchise by maintaining the Bank’s standalone Baseline Credit Assessment (BCA) ratings of B3....

Oil, gas and power firms owe banks in the country about N3.931 trillion as at the end of December 2015, according to latest data released by the Central Bank of...

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele last night began the hosting of several central bank governors across Africa to discuss the effects of the exogenous shocks from...

Nigeria’s largest bank by assets, FBN Holdings Plc, is a solid profits generating lender despite the challenging year that 2015 was. First Bank’s strong fundamentals arise from its dominant position...

United Bank for Africa (UBA) plans to increase its presence in Africa outside Nigeria to 25 countries from 18 now and inject capital into its subsidiaries in Kenya, Tanzania and...

  The chief executive of Nigeria's Fidelity Bank remained in custody on Tuesday, having been detained last week by the country's financial crimes agency, prompting the lender to appoint a...

Fidelity Bank Plc has recorded a profit before tax (PBT) of N4.0 billion and profit after tax (PAT) of N3.6 billion for the first quarter ended March 31, 2016. The...