Category Archives: BUSINESS

Keystone Of Fraud? As Two Bank Staff Arraigned For Alleged Stealing Of Customers Multi-million Naira

Justice Deinde Dipeolu of the Federal High Court in Lagos on Monday granted N20 million bail to two staff members of Keystone Bank Limited, Ebele Okpala and Perpetua Onyeto, over alleged obtaining of N35 million fraudulently. Okpala and Onyeto were

How Former MD of AMCON, Malam Ahmed Lawan Kuru, Allegedly Used N20 Billion AMCON Savings To Buy Keystone Bank For His In-Law

The former CEO and Managing Director of the Asset Management Corporation of Nigeria (AMCON), Malam Ahmed Lawan Kuru, was entrusted with the critical task of tackling the financial vultures who had ravaged the Nigerian banking sector through unpaid loans. These

Fidelity Bank Affirms Commitment to Data Protection, Strong Corporate Governance

Leading financial institution in Nigeria, Fidelity Bank Plc, has assured its customers of unwavering commitment to upholding the highest level of ethical standards in all dealings with customer data. The assurance comes amid allegations by the Nigerian Data Protection Agency

1,500 Osun Residents Benefit from Fidelity Food Bank Outreach

Over 1,500 residents made up of women, children, widows, and the elderly have benefited from the one-day feeding program organized by Fidelity Bank in Osun State. The food bank project was held at St. Benedict Catholic Church, Osogbo, Osun State

NGX Rates Fidelity Bank Highest on Corporate Governance

Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial bank adheres promptly to all full disclosure requirements and global best practices. Fidelity Bank is awarded CG+, the highest rank under the Corporate Governance Rating System

GTB Debunks Hackers Seizing Website, Says Customers Data, Funds Safe With The Bank

Guaranty Trust Bank (GTB), Nigeria’s leading commercial bank, has denied reports that its website was seized by hackers. A top GTB executive, who spoke on condition of anonymity, made this disclosure. The clarification comes amid reports that the bank’s website

First Bank of Nigeria Accused of Sacking Over 100 Employees In Connection with a ₦40bn Fraud Scandal

According to X user WizardEyes, the bank also froze the personal accounts of the affected employees. Also read: Police say FirstBank staff stole customers’ N650m The user further claimed that several of these employees were detained for at least six

Zenith Bank Retains Position As Nigeria’s Number One Bank By Tier-1 Capital For Fifteen Consecutive Years In The 2024 Top 1000 World Banks’ Ranking

For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by The Banker Magazine. This ranking places Zenith Bank

Adaora Umeoji Highlights Zenith Bank’s Robust Financial Metrics: Says Bank Is Poised To Cross The N1 Trillion Mark In Profit In 2024

Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarked on its recapitalisation journey. The event, which brought together key market players, focused on the bank’s growth

GTCO: NOTICE OF PROPOSED OFFERING

LAGOS, Nigeria, June 11, 2024. This notice is issued in reliance on Rule 283 of the Rules & Regulations of the Securities & Exchange Commission, Nigeria. This notice does not constitute an offer to sell or the solicitation of an