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Banking | Finance

Otedola Becomes First Bank Top Shareholder As He Picks Additional Shares, Brings Total Stake To 11.64%

Billionaire tycoon, Femi Otedola has splashed a whopping $11.3 million to acquire additional 2.22 percent stake in First Bank of…

2 years ago

President Tinubu Receives Standard Chartered Bank Executives, Says Green Industrial Vision Compliments Oil And Gas Investment Drive

President Bola Tinubu says Nigeria remains committed to a balanced approach to energy transition and still requires substantial investments in…

2 years ago

Why Investors Will Buy Fidelity Banks Offers –Capital Market Stakeholders

Fidelity Bank Plc started its N127.1 billion combined rights and public offers to a rousing support from the investing public…

2 years ago

Afreximbank & Africa CDC Pledge US$2 Billion Facility In Support Of Africa Health & Pharmaceutical Products Manufacturing

African Export-Import Bank (“Afreximbank” or “the Bank”) and the Africa Centers for Diseases Control and Prevention (Africa CDC) have renewed their…

2 years ago

African Development Bank & InfraCredit Sign $15 million Agreement To Enhance Infrastructure Financing

The African Development Bank and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15 million subordinated…

2 years ago

Banker Re-arraigned For Allegedly Defrauding Standard Chartered Bank of N723m

Operatives of the Police Special Fraud Unit (PSFU), Ikoyi, Lagos, Thursday, re-arraigned a banker with Standard Chartered Bank, Jeffery Akhimien…

2 years ago

Contempt Proceeding: Court Fixes June 27 For Further Hearing In Suit Against Afex Exchange Directors, Others

Justice Chukwujekwu Aneke of a Federal High Court sitting in Lagos on Thursday has fixed June 27 for further hearing…

2 years ago

N17bn Debt: GTBank Files Contempt Charge Against 13 Banks, 60 Bank Chiefs

The Federal High Court sitting in Lagos will on Thursday, June 20, 2024, begin hearing contempt proceedings filed by Guaranty…

2 years ago

Ecobank Opens “Adire Lagos” In Grand Style With Over 100 Exhibitors

The annual Ecobank “Adire Lagos” exhibition has taken off in grand style with over 100 exhibitors showcasing their wares. The…

2 years ago

AFEX Vs GTB: The Many Sides of The CBN’s Anchor Borrowers Programme

When Loans Go Bad The Anchors Borrowers Programme (ABP), a pivotal agricultural intervention spearheaded by the Central Bank of Nigeria…

2 years ago
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