BANKING

Central Bank of Nigeria (CBN) has threatened to suspend and dismiss any Executive Compliance Officer (ECO) and Chief Compliance Officer (CCO)   found wanting in the […]

Banks and other lenders in Nigeria are on the trail of power sector investors in a fresh loan recovery move to recoup over $12.52 billion […]

In its attempt to ensure strict compliance with all extant regulations; particularly those relating to foreign exchange transactions, Financial Action Task Force (FATF) and Anti-Money […]

Diamond Bank Plc has announced the change of names of six of its flagship financial products.  According to the Bank, the name change was borne […]

Ecobank Transnational Incorporated (ETI), yesterday announced the appointment of Greg Davis as its Chief Financial Officer, and Group Executive, Finance. He will be responsible for […]

Although Nigerian banks are contending with the effects on earnings of weak oil prices, shortages of US dollars, devaluation of the naira and slowing economic […]

Diamond Bank Plc has projected that it would exceed shareholders’ expectations at the end of  its current business year and beyond. The bank’s management also […]

Leading African financial institution, Guaranty Trust Bank plc, has announced the launch of ART635 (art635.gallery), a Virtual Arts Gallery created to reignite interest in African […]

Wema Bank Plc has transferred its majority equity stake in the 56-year-old Great Nigeria Insurance (GNI) Plc to Insurance Resourcery and Consultancy Services Limited in […]

Banking transactions will, from next month, be fully insured and risks associated with them underwritten by insurance companies, the Managing Director, Nigeria Interbank Settlement System […]