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Revealed! Real Reason Segun Agbaje Will Not Handover GTB to A Woman
The tussle for who succeeds Segun Agbaje as the Group Managing Director/Chief Executive Officer of Guaranty Trust…
HSBC And Huawei CFO Reach Agreement On Document Publication Linked To Extradition…
HSBC and Huawei Technologies’ Chief Financial Officer Meng Wanzhou have reached an agreement in a dispute about…
Court Grants Permission To Serve Processes On ETI Abroad
The stage may have been set for a showdown between Ecobank Transnational Inc (ETI) and one of its former senior…
Rising Debt: DMO Blames COVID-19, Experts Say Borrowing From Central Bank Nigeria…
Nigeria’s debt profile has been on the increase because of the impact of revenue crash and the crises trailing the…
GTBank Shareholders Endorse N3.00 Total Dividend For 2020, Applaud Agbaje’s…
Shareholders of Guaranty Trust Bank (GTBank) Plc, at the weekend unanimously endorsed the payment of a total…
Central Bank Nigeria Freezes Another 194 Accounts Of Firms, BDCs, Others
The Central Bank of Nigeria on Thursday said it got orders from the Federal High Court, Abuja division, to freeze…
Jaiz Bank’s Profit Rises By 45%
Jaiz Bank Plc, a non-interest bank in Nigeria, said its profit before tax rose by 45.31 per cent to N3.07bn as of…
World Bank To Address Nigeria, Poor Countries’ Debt Overhang
The President, World Bank Group, Mr David Malpass, said the group is working actively in collaboration with the…
Central Bank Nigeria Freezes 11 Bank Accounts
The Central Bank of Nigeria on Wednesday said it got an order from the Federal High Court, Abuja division, to…
Sweden To Bring In Banks In Next Stage Of E-Krona Project
Sweden’s central bank will bring in banks in the coming year to test how its proposed digital currency - the…
NIRSAL Recovers 51 Per Cent Of Legacy Loans
The Managing Director, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) Aliyu…
Dollar Drops With U.S. Yields Despite Strengthening U.S. Recovery
The dollar sank to an almost two-week low versus a basket of its peers on Tuesday, moving in tandem with retreating…
Dollar Hits One-Year High On Recovery Bets, Yields Lend Support
The dollar hit a one-year high versus the yen and multi-month peaks with other currencies on Wednesday as investors…
H&M Slips To Loss, Pledges To Rebuild Trust In China After Backlash
H&M reported a quarterly loss on Wednesday and said that it was dedicated to regaining the trust of shoppers in…
Mastercard, Rivals ‘Ran Cartel’ On Cards For The Vulnerable, UK…
-Mastercard is among five companies which broke the law for cartel behaviour when offering pre-paid cards to…
NEXIM, Afreximbank Mobilise $50m Funding For SMEs
The Nigerian Export-Import Bank has announced its partnership with African Export-Import Bank to mobilise the sum…
PayPal To Let US Users Pay With Bitcoin, Ethereum, Litecoin From Today
Online payment app PayPal has announced US customers can make payments with its “Checkout with Crypto” feature,…
Fact Check: Did Buhari Promise To Make N1 Equal $1?
Presidential media adviser Femi Adesina on Sunday reopened an old debate as to whether President Muhammadu Buhari…
Senate Gives CBN Governor 72 Hours Ultimatum To Appear Over ‘Missing $9.5 Million
The Senate has given the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, an ultimatum of seventy-two…
Microfinance Bank Expands Accessibility
Advans La Fayette Microfinance Bank, an international microfinance institution, has expanded its presence in…
After Firing Turkey’s Cenbank Chief, Erdogan Also Removes Deputy
President Tayyip Erdogan removed a central bank deputy governor, Murat Cetinkaya, from his post on Tuesday, 10 days…
Lagos Accounts For 12.15% As States Debts Hit N4.2tn
The total states and Federal Capital Territory domestic debt profile hit N4.2tn with Lagos State accounting for…
China Bonds Set For Billions Of Inflows After Final FTSE WGBI Nod
Index provider FTSE Russell gave final approval on Monday for inclusion of Chinese sovereign bonds in its flagship…
Visa Moves To Allow Payment Settlements Using Cryptocurrency
Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment…
Banks Warn On Losses After Archegos Capital Stock Unwind
Nomura and Credit Suisse warned on Monday they were facing significant losses after a U.S. hedge fund, named by…
Bank Of England Urges Banks To Keep The Lending Taps Open
The Bank of England called on lenders on Friday to provide enough credit to companies to see them through the…
Dollar Holds Advantage On Economic Optimism, Euro Looks Vulnerable
The dollar traded near multi-month highs against most major currencies on Friday, supported by a wave of optimism…
BOJ Forms Panel To Help Guide Central Bank Digital Currency Experiment
Set to begin experimenting in how to operate a central bank digital currency, the Bank of Japan said on Friday that…
Deutsche Bank CEO Willing To Give Up Investment Bank Oversight Role
Christian Sewing, chief executive officer of Deutsche Bank, is willing to give up his role overseeing the…
ECB Seeks To Allay German Misgivings About Digital Euro
The European Central Bank sought on Thursday to allay misgivings in Germany about the launch of a digital euro,…