Category: Business
Sterling Bank MD Abubakar Suleiman apologises for putting out offensive, blasphemous Easter celebration message
Sterling Bank obviously afraid of getting a sanction from the Advertising Practitioners Council of Nigeria, APCON and a total boycott of its services, [...]
Sterling Bank to be sanctioned by APCON for blasphemous, provocative Easter celebration advertisement
One of Nigeria’s financial institutions, Sterling Bank is currently in the eye of the storm for putting out an insensitive and blasphemous Easter cele [...]
Fidelity Bank drives non-oil exports awareness in North Central through RT200 FX seminar
Governor Simon Lalong of Plateau state has lauded the RT200 FX Programme by the Central Bank of Nigeria’s (CBN), stating that the nation stands to gai [...]
FCMB manager docked for committing over N1.2bn fraud
A branch Manager of a First City Monument Bank, FCMB, Tope Munis, has been dragged before a Lagos High Court sitting in Ikeja for allegedly aiding and [...]
Neimeth pharmaceutical in financial crisis, moves to sell company
Neimeth Pharmaceutical PLC is in financial crisis.
The company is set to sell a part of the company to a private investor after receiving approval, [...]
Shell, AFC, seven Nigerian banks battle Aiteo over $2 billion loan
A high court in England has ruled that Shell Plc alongside Africa Finance Corporation, and seven Nigerian banks have established their right to block [...]
CBN fines Access Bank, Stanbic IBTC N800m for cryptocurrency related transactions
The Central Bank of Nigeria (CBN) has fined three commercial banks N800 million for allowing cryptocurrency transactions in the country.
The banks [...]
Fraudulent activities give depositors sleepless nights about safety of their fund in Sterling Bank
The increased rate of alleged fraudulent activities in Sterling Bank Plc, in the year 2021, as well as its porous internal control, is giving deposito [...]
Dangote Refinery, a game changer that’ll drive Africa’s refining revolution, says FG
The Federal Government has described the 650,000 barrels-per-day Dangote Petroleum Refinery as a game-changer that is capable of driving refining revo [...]
Fidelity Bank grows PBT by 35.7% to N38.1bn for FY 2021
Leading financial institution, Fidelity Bank Plc has recorded 35.7% growth in Profit Before Tax for its 2021 financial year to close the year at N38.1 [...]