THE Central Bank of Nigeria (CBN), has identified nine Deposits Money Banks (DMBs), as responsible for scarcity of cash in the country during the yuletide season.…
Browsing: First Bank
FIRST Bank, the oldest bank in Nigeria and part of FBN Holdings’ entities has terminated the appointment of close to 100 senior staff members in what…
FIRST Bank Limited, Nigeria’s oldest bank, was hit by an alleged massive fraud incident that led to the theft of ₦7 billion from customer accounts by…
JUSTICE Akintayo Aluko of a Federal High Court, sitting in Lagos, has restrained First Bank Nigeria (FBN) Holdings Plc from holding, conducting or hosting its 12th…
A former relationship manager at First Bank of Nigeria (FBN) has exposed how loans worth billions of naira meant for some firms were transferred to companies…
Kemisola Oye JUSTICE Akintayo Aluko of a Federal High Court sitting in Lagos has ordered an interim forfeiture of the sums of N190,277,634.2 million and 70,811,48USD,…
THE Central Bank of Nigeria (CBN) has unveiled a new minimum capital base for money deposit banks (otherwise known as commercial banks) in Nigeria. According to…
TRAGEDY struck the peaceful town of Anyigba in the Dekina Local Government Area of Kogi State earlier today as armed robbers launched a brazen assault on…
THE Bank of Ghana has suspended the foreign exchange licences of Guaranty Trust Bank (GT Bank) and FBN Bank for one month. The apex bank in…
DIGITAL commerce firm, Interswitch, said the banking sector lost a whooping N12.2 billion to electronic payment fraud between January to June 2023. Banks affected by this…