Suspected fraudsters, during a three-day cyber-attack, have hacked a customer’s account domiciled in an old generation bank and fraudulently transferred N523,337,100 from …
Banking
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BankingBusinessNews
CBN grants Access Corporation permission to float Payment Company
by Salami Azeezby Salami AzeezThe Board of Directors of Access Holdings Plc trading as Access Corporation on the floor of the Nigerian Exchange Limited, has announced …
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BankingBusinessNews
FBN Insurance rebrands to energise growth, now Sanlam Life Insurance
by Salami Azeezby Salami AzeezSanlam, Africa’s largest non-banking financial services company, on Wednesday, announced the launch of its brand in the Nigeria market, rebranding FBN Insurance …
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BankingBusinessEconomicNews
World Bank, IMF invite Jimoh İbrahim for ancillary meeting in Washington
by Salami Azeezby Salami AzeezDr. Jimoh Ibrahim, CFR has been officially invited by World Bank and International Monetary Fund (IMF) to attend and participate in their …
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The Group Managing Director/Chief Executive Officer of the United Bank for Africa (UBA) Plc, Oliver Alawuba, has said that the bank is …
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Total deposits in the banks rose by 24.17 per cent from N33.85tn as of the end of June 2021 to N42.03tn in …
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BankingBusinessNews
Firstbank: The embodiment of corporate responsibility and sustainability
by Salami Azeezby Salami AzeezWho should corporate responsibility and sustainability lessons be taken from? Some companies are still unclear about the concept but latching onto the …
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BankingNews
Heritage Bank appoints George-Taylor CEO as Sekibo bows out
by Salami Azeezby Salami AzeezHeritage Bank has appointed Akinola George-Taylor as its acting managing director/chief executive officer.The bank also announced the appointments of two executive directors, …
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BankingNews
Why FirstBank is hosting financial markets dealers, IMF this September
by Salami Azeezby Salami AzeezFirst Bank of Nigeria Ltd (FirstBank) will this September host the quarterly meeting of the Financial Markets Dealers Association (FMDA) in Lagos. …
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BankingCrimeMoney LaunderingNews
Union Bank Loses N1.6bn To 5-Man Lebanese and Nigerian Fraud Syndicate
by Salami Azeezby Salami AzeezUnion Bank of Nigeria Plc is currently battling to recover the whooping sum of N1, 626, 139, 795, 12 billion, allegedly lost to …