CBN freezes accounts of ‘Baba Ijebu’, 37 others over ‘forex infractions’
The Central Bank of Nigeria (CBN) has ordered banks to place a post-no-debit on the bank accounts belonging to 38 companies. The...
GTBank releases 2020 half year audited results, Reports profit before tax of ₦109.7billion
Guaranty Trust Bank plc has released its audited financial results for the half-year ended June 30, 2020 to the Nigerian and London...
Naira strengthens against the dollar as CBN to resume FX sales to BDCs
Before the announcement, the naira had been trading as low as N480 against the dollar.
Upon resumption, the apex...
CBN directs BDCs to sell dollar at N386, as forex trade restarts
The Central Bank of Nigeria (CBN) on Thursday, in restarting forex trade, directed licensed bureaux de change, BDC, operators to sell dollars...
‘No more middlemen’ – CBN bans third parties from getting forex via form M
The Central Bank of Nigeria (CBN) says it will no longer approve payment of foreign exchange to form M applicants who do...
Dollar Scarcity Worsens, Forces Naira Down
THE scarcity of dollars at the parallel market on Tuesday in Lagos forced the naira down to N480 to a dollar. The...
Access Bank Signs Syndicated Loan Agreement Worth $93mWith FMO
According to Herbert Wigwe, Group Managing Director, Access Bank PLC, the facility will enable the Bank to continue on its strategic...
Access Bank buys Zambia’s Cavmont
The Zambian subsidiary of Nigeria’s Access Bank has agreed to buy Cavmont Capital Holdings, the Zambian arm of Namibian financial services group...
UBA Group Announces Global Management Appointments
The new CEOs will drive the Group’s strategy and activities in Mali, Uganda, Zambia, Senegal, Tanzania and Sierra Leone respectively
GTBank Marks 10 Years of Autism Advocacy
Holds Annual Autism Conference July 27th- 28th
For the past 10 years, Guaranty Trust Bank plc has been...
Stanbic IBTC Unveils Upgraded Mobile App With Exciting Features
Nigeria’s leading end-to-end financial services provider, Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has upgraded its mobile app by...
Euromoney Excellence Award: GTBank wins Nigeria’s best bank for a record 10th time
Wins Award for Nigeria’s Best Bank for a record 10th time
Guaranty Trust Bank Plc has been awarded...
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Trump settles for Amy Coney Barrett for SCOTUS
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Osinbajo rejoices with Pa Fasoranti who clocks 94
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