Tag: banking
Wema Bank raises N40b new capital
Mr Segun Oloketuyi, Managing Director, Wema Bank Plc, said on Friday the bank had successfully completed its N40 billion capital…
US based Wells Fargo now world’s biggest bank
The Industrial & Commercial Bank of China (ICBC) has lost its standing as the world’s largest bank by market capitalisation…
Sterling Bank profit hits N5.92b
Nigeria’s Sterling Bank Plc has announced a profit after tax of N5.92 billion for the half year ended June 30.…
GTB declared African Bank of the year
.First Bank, Sanusi, Aig-Imoukhuede also win prizes Nigeria’s Guaranty Trust Bank last night scooped the prize for African Bank of…
Switzerland eyes new law on dictators’ loot
Switzerland, currently in the process of restituting assets to several former autocratic countries, is working on a new law aimed…
FBN Holdings grows profit, pays N1 dividend
First Bank of Nigeria Holdings Plc on Tuesday announced a profit before tax of N92.7 billion for the financial year…
EFCC arrests bank official for serial fraud
Nigeria’s Economic and Financial Crimes Commission has arrested one Onyekachi Nwosu, the relationship/account officer of a bank in Enugu over…
Access Bank declares 60k dividend
Nigeria’s Access Bank has proposed a final dividend of 60k per share to all its shareholders for the financial year…
Societe Generale Bank Returns Tomorrow
BY HENRY OJELU Societe Generale Bank of Nigeria, SGBN, will be re-commencing operation tomorrow, Tuesday 29 January, but this time…
Nigeria: falling for Fake Bank Alerts
BY CYRIACUS IZUEKWE Cases of fraud through fake bank alerts are on the increase. Police advise the public to be…
World banking regulator eases rules
BASEL, Switzerland, (AFP) – The world’s top banking regulatory body on Sunday eased the first global liquidity rules scheduled to…
I’d Be Worried If Men Don’t Toast Me
Sexy Afro-pop singer, Ifeoma Joy Omeh, alias Lady Fify, is one of the few female singers helping to enliven the…
GTB Asset becomes Investment One
GTB Asset Management Ltd, hitherto owned by GTB has been rechristened Investment One Financial Services Limited. Its managing director,Mr Nicholas…
World’s oldest bank Monte dei Paschi reports Q3 loss
MILAN (AFP) – Italy’s Banca Monte dei Paschi di Siena on Wednesday reported a loss of 47.4 million euros ($60.3…
THE HEADIES 2012 AWARDS: PSquare, Wizkid, Vector Shine
Recently, the new Expo Hall of Eko Hotel and Suites, Victoria Island, Lagos, brimmed with heavyweights in the telecommunications, banking,…