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Stanbic IBTC risks losing N268bn, $4.5m in litigations as bank highlights 12-year-old court case against AMCON

STANBIC IBTC has explained its 12-year-old case against the Asset Management Corporation of Nigeria...

How banks, POS operators collude to worsen Nigeria’s cash scarcity

At the heart of Kubwa, the Federal Capital Territory, Abuja, on Saturday, a point...
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More drama as First Bank chairman exits, replacement named

CHAIRMAN of First Bank of Nigeria (FBN), Mr Tunde Hassan-Odukale, is exiting the financial...

Fidelity Bank sees 3,079 fraud incidents, faces 65 cases in court

FIDELITY Bank faced 3,079 fraud incidents in the 2023 financial year. The lender also...
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Elumelu’s Heirs Holdings owed UBA N43.4bn by December 2023

Heirs Holdings owned by Mr Tony Elumelu owed the United Bank for Africa the...

Wema Bank fined N61.4m after breaching 7 Nigerian laws

WEMA Bank found itself on the wrong side of 7 Nigerian laws in 2023,...
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Kaduna Debt: El-Rufai borrowed $343m and N37bn in 8 years

KADUNA State borrowed $343 million and N37.43 billion in 8 years of former Governor...

Borrowers, investors hit as CBN raises interest rate to 24.75%

INVESTORS and borrowers have been badly hit by the Central Bank of Nigeria (CBN)...
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