Banking and Finance

I tipped someone 6% to get CBN’s intervention fund – industrialist

THE chief executive officer of Spectra Industries Limited, Duro Kuteyi, said he had to tip someone six per cent...

Two banks’ MDs spend N44.67bn on securing holding interest

THE managing directors of Access Holdings Plc and Zenith Bank Plc have spent N44.67 billion to acquire more shares...

BVN issued in Nigeria does not expire – CBN

THE Central Bank of Nigeria (CBN) says any bank verification number (BVN) officially issued in Nigeria has no expiry...

Transcorp delivers post-privatisation deals, as Otedola fights on

AMID the fuss over Femi Otedola's divestment from the Transnational Corporation Plc (Transcorp), the company was, on Monday, May...
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Foreign banks to pay N15m licensing fee as CBN sets guidelines

FOREIGN banks operating as representative offices in Nigeria are to pay N15 million for licensing fees, the Central Bank...

Investors gain N34bn as Nigeria’s stock market inched up in week

INVESTORS gained N34 billion last week on the floor of the Nigerian Exchange Limited (NGX) as more companies released...

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