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CBN approves merger of Unity Bank, Providus Bank

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The Central Bank of Nigeria (CBN) has given its approval for the merger of Providus Bank and Unity Bank. Acting spokesperson of the CBN Hakama...

Court refuses Emefiele’s request for medical trip to UK

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An FCT High Court has thrown out an application filed by the former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele to...

Emefiele awarded contracts to wife, brother-in-law — Witness

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A witness of the Economic and Financial Crimes Commission (EFCC) Michael Agboro on Monday told an FCT High Court in Maitama, Abuja that the...

CBN dismisses reports of dissolution of Fidelity, Wema, Polaris, Unity banks’...

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The Central Bank of Nigeria (CBN) on Monday dismissed reports of dissolution of the boards of Fidelity Bank, Wema Bank, Polaris Bank and Unity...

Court orders forfeiture of N11.14bn Abuja property linked to Emefiele

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A Federal High Court in Lagos has ordered the interim forfeiture of property valued at N11.14 billion linked to the former governor of the...

CBN debunks report of plan to revoke Unity, Polaris, Keystone banks...

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The Central Bank of Nigeria (CBN) has discredited an online report that it plans to revoke the licenses of Unity Bank, Polaris Bank, and...

Peter Obi reacts to revocation of Heritage Bank’s license

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Former presidential candidate Peter Obi has called on the Federal Government to ensure the Nigeria Deposit Insurance Corporation (NDIC) begins immediate payment of all...

CBN revokes Heritage Bank licence

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The Central Bank of Nigeria (CBN) said it has revoked the operating licence of Heritage Bank. The bank’s acting spokesperson Hakama Sidi Ali disclosed this...

Court orders forfeiture of $1.4m linked to Emefiele in Titan Trust...

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A Federal High Court sitting in Lagos on Wednesday granted an interim forfeiture of $1.4 million linked to the former governor of the Central...

How UBA intends to meet N500bn capital base before deadline –...

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Executive director of finance and risk management at United Bank for Africa (UBA) Ugochukwu Nwaghodoh has explained how the banking group intends to meet...