Tag:
CBN
Special Reports
How Sterling Bank opened account, received billions for unregistered firm
Sterling Bank opened an account for Indo Kaduna MRTS JV Nigeria Limited—a joint venture entity set up in 2016 by the Kaduna State Government...
Special Reports
Stanbic IBTC Legal Scandal: N260b crisis threatens financial institution
STANBIC IBTC Holdings PLC is drowning in a crippling 405 lawsuits, with a jaw-dropping N260 billion reserved for legal battles, exposing shocking corporate governance failures...
News
CBN officials, Adamu Abubakar, Imam Abubakar, Odoh Ochene flee over $6.3m fraud
Three top officials of the Central Bank of Nigeria (CBN), Adamu Abubakar, Imam Abubakar, and Odoh Ochene, are on the run over a $6.3...
Special Reports
Police indict Sterling Bank for alleged ‘$28.3m money laundering, fraudulent deductions’
Sterling Bank Limited and its holding company, Sterling Financial Holdings Company have been accused by the Nigeria Police Force of money laundering, fraudulent deductions...
Special Reports
First Bank Crisis: Customers in panic withdrawals over uncertainty
As the crisis that has bedeviled the once highflying Nigerian lender, First Bank of Nigeria Limited and its holding company, FBN Holdings Plc widens,...
Special Reports
First Bank Crisis: Depositors Rush to Withdraw Funds Amid Uncertainty
As the crisis that has bedeviled the once highflying Nigerian lender, First Bank of Nigeria Limited and its holding company, FBN Holdings Plc widens,...
Special Reports
CBN Fines Zenith, First Bank, Globus Bank, and Others N1.3bn for Cash Dispensing Violations
The Central Bank of Nigeria (CBN) yesterday announced that it has imposed fines amounting to N1.35 billion on nine Deposit Money Banks (DMBs) over...
Special Reports
First Bank Shareholders Demand Resignation of Otedola and Omodayo-Owotuga
The crisis rocking Nigerian lender, First Bank of Nigeria has deepened as shareholders of the bank are calling for the removal of some board...