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‘N2.80 per share’ Zenith Bank distributes N97.33bn dividend to shareholders
Zenith Bank Plc on Wednesday said it would pay its shareholders N97.33bn dividend for the 2021 financial period. A statement...
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‘Poses threat to Nigeria’s financial system’ CBN sanctions Demola Sogunle’s Stanbic IBTC bank, others for shielding Crypto transactions
Nigeria’s central bank fined several lenders for failing to comply with regulations that bar customers from transacting in cryptocurrencies. The...
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‘Increasingly vulnerable’ German Central Bank issues warning over excessive application of Russian sanctions
Germany’s central bank has criticised the country’s financial institutions for interpreting punitive measures against Russia too rigidly. “We see here...
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‘Serious sustainability concerns’ Nigeria’s overall debt could hit N50tn
The Centre for the Promotion of Private Enterprise has stated that Nigeria’s debt, including that of the Asset Management Corporation...
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‘In clear violation of the law’ Access Bank’s First Guarantee Pensions takeover bid encounters fierce opposition
Access Bank Plc's recent moves aimed at acquiring First Guarantee Pensions Limited (FGPL), a pension fund administrator (PFA), has been...
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‘We had several challenges’ Herbert Wigwe opens up on lack of experience before co-founding Access Bank with Aigboje Aig-Imoukhuede
Former Managing Director/CEO, Access Bank PLC, Herbert Wigwe has revealed that he and his Co-founder, Aigboje Aig-Imoukhuede did not have...
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‘Issues with paying off debt’ Sanctioned Russian bank VTB pays bond coupons in roubles
Sanctioned Russian lender VTB has made coupon payments in roubles to holders of its domestic subordinated bonds denominated in dollars...
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‘They lure and defraud’ CBN warns Nigerians to avoid unlicensed financial businesses
The Central Bank of Nigeria (CBN) through its Financial Services Regulation Coordinating Committee (FSRCC) has advised Nigerians to stop dealing...
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‘Equity value dipping’ Depositors concerned over increasing Sterling Bank’s fraudulent activities
Customers are troubled over the increased rate of alleged fraudulent activities in Sterling Bank Plc, in the year 2021, as...
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‘Released data’ FMDQ’s dollar to naira exchange rate
The official dollar to naira exchange rate in Nigeria today, including the Bureau De Change (BDC) rate and CBN rates....
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