Category: Banking

Polaris Bank announces new board

Strategic Capital Investment has appointed a new board of directors, just 24 hours after announcing...

CBN sells Polaris Bank N50bn

Strategic Capital Investment Limited has completed the acquisition of the entire Polaris Bank shares for...

Reps stops CBNs sale of Polaris Bank

The House of Representatives has asked the Central Bank of Nigeria to halt the planned...

How Nigerian banks performed first half of 2022

Experts analysis revealed that Wema Bank, First Bank and Stanbic IBTC stood out as the...

Zenith, GTB, others record ₦500bn after tax profit

Zenith Bank takes the lead as the Nigeria Exchange posted N501.13 billion after tax profit...

Meet highest earning Nigerian bank MDs/CEOs

In the first half of 2022, the managing directors and chief executive officers of six...

Fraudsters hack bank, transfer customers’ N522m

An old generation bank customer’s account was hacked by suspected fraudsters, transferring N523,337,100 from the...

First Bank suspends dollar transactions on naira debit cards

First Bank of Nigeria has suspended international transactions using the Naira Mastercard, Naira Credit Card,...

Tax evasion: Kogi govt seals First Bank branches

Kogi State Government has sealed all branches of First Bank Nigeria PLC operating in the...

Banks reduce forex sales as scarcity persists

Findings have revealed that Banks have started to limit Personal Travel Allowance and Business Travel...

PoS transactions hit N8trn in 2022 – NIBSS

Recent data from the Nigeria Interbank Settlement System showed that the value of Point of...

Why shareholders approved Union Bank UK sale

The recent sale of Union Bank UK, a subsidiary of Union Bank Plc to Fidelity...