LONDON – Just a day after beenwas fined for rigging Libor interest rates in 2012, Barclays Plc has been fined 26 million pounds ($43.8 million) for...
LAGOS – The Group Managing director of Skye Bank said that the bank has raised a total of $150 million tier 11 capital as part of...
ABUJA — The suspended Governor of Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi, yesterday, lost his bid to return to office as the Federal High...
LAGOS – Nigeria’s Diamond Bank has issued a debut $200 million five-year Eurobond, priced to yield 8.75 percent, its chief finance office told Reuters on Thursday....
NEW MEXICO – Citigroup Inc has fired four senior executives and seven other employees who failed to do enough to protect the bank from a fraud...
LAGOS – Deposit money banks (DMBs) would commence the enrollment of customers on the Bank Verification Number (BVN) that was launched over two months ago in...
SHANGHAI – Two of China’s largest bitcoin exchanges said their trading accounts at certain domestic banks would be closed down by the lenders next week, the...
WASHINGTON – Bank of America agreed to pay nearly $727 million in fines and restitution to settle allegations of deceptive marketing and unfair billing involving credit...
SINGAPORE – The World Bank trimmed its 2014 growth forecast for developing East Asia but said the region’s economies were likely to see steady growth in...
LAGOS— A Federal High Court of the federal republic of Nigeria earlier today ordered the federal government to pay damages of about N50 million to the...
