ABUJA-The Central Bank of Nigeria on Thursday expressed deep concerns about the growing amount of Non-Performing Loans in the books of Deposit Money Banks and said...
ABUJA-The Central Bank of Nigeria on Thursday night said it had no plan to convert the foreign domiciliary account of customers of deposit money bank into...
LAGOS-Standard Chartered Bank has stated that from the end of October 2014, it will alongside MNI Indicators, publish monthly Business Sentiment Indicators for two leading markets...
LAGOS-The Board of Directors of Diamond Bank Plc has announced the appointment of Mr. Uzoma Dozie as its new Group Managing Director/Chief Executive Officer-designate from November...
On Wednesday 15th of October, financial journalists anxiously awaited a statement or announcement from the Asset Management Corporation of Nigeria (AMCON) concerning the sale of Enterprise...
LAGOS-Sterling Bank has announced the deployment of additional ATM points nationwide with a view to protect its customers from the effect of the reintroduction of the...
LAGOS-The Central Bank of Nigeria (CBN) has warned bank directors that they would henceforth face the consequence of poor corporate governance in the banks. CBN Governor,...
LAGOS-Heritage Bank Limited has completed the payment of N56 billion to acquire Enterprise Bank. Enterprise Bank is one of the three nationalised banks bought by Asset...
LAGOS-Ecobank Transnational Incorporated (ETI) and Nedbank Group Limited on Thursday announced that Nedbank Group is to acquire a 20 percent shareholding in ETI. Nedbank Group will...
LAGOS-Nigeria’s Unity Bank has raised N19.23 billion ($117.4 million) in a share sale to existing shareholders to bolster its capital position as the central bank implements...
