Banking and Finance

Otedola targets N320bn stake in First HoldCo

THE Chairman of First HoldCo Plc, Femi Otedola, said he planned to raise his stake in the bank to...
Ehime ALEX -

Fidelity Bank: CBN dismisses panic reports, affirms banking sector stability 

THE Central Bank of Nigeria (CBN) has reassured the public that the banking sector is stable and that depositors'...
Ehime ALEX -

Timeline of Ponzi schemes in Nigeria: A decade of financial fraud, deception

THOUSANDS of Nigerians had watched helplessly as MMM, the infamous Russian-born mutual aid scheme, crumbled overnight in 2016. Despite...
Fatimah QUADRI -

AfCFTA: CBN revises requirements for pan-African transactions

THE Central Bank of Nigeria (CBN) has announced a significant review of the documentation requirements for transactions conducted through...
Harrison EDEH -
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NDIC begins payment of over N46bn to Heritage bank depositors

THE Nigeria Deposit Insurance Corporation (NDIC) said it has started paying N46.6 billion in liquidation dividends to depositors of...
Ehime ALEX -

Diamond Bank founder Pascal Dozie dies at 85

PASCAL Dozie, the founder of the defunct Diamond Bank Plc and a former chairman of MTN Nigeria, has died The...
Ehime ALEX -
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