Banking and Finance

SEC sanctions Mainland Trust, Centurion Registrars over market infractions 

THE Nigerian Securities and Exchange Commission (SEC) said it had sanctioned Mainland Trust Limited and Centurion Registrars Limited over...
Ehime ALEX -

Lawmakers ask CBN to suspend new ATM charges

THE House of Representatives (Reps) has asked the Central Bank of Nigeria (CBN) to suspend the recent charges imposed...
Ehime ALEX -

Unity bank financial health in question with over N62bn loss

THE financial health status of Unity bank Plc has raised some unanswered questions about the risk exposure of shareholders'...
Ehime ALEX -

Nigeria stock market sustains gain, rises by N196bn amid policy shift

THE Nigerian stock market value appreciated by N195.93 billion in the just concluded week as a bullish trend prevailed...
Ehime ALEX -
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CBN directs bank directors with non-performing loans to resign

THE Central Bank of Nigeria (CBN) has directed bank directors with non-performing insider-related loans to step down immediately. CBN gave...
Harrison EDEH -

Shareholders kick against PZ Cussons’ plan to covert $34.26m debt to equity

SHAREHOLDERS of PZ Cussons Nigeria Plc have described the company’s management plans to convert $34.26 million (N51,795,312,646.72) debt to...
Ehime ALEX -
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