Banking - Page 255

Court Blocks First Bank’s Extraordinary General Meeting Again

April 24, 2024

By Adedapo Adesanya Plans by First Bank of Nigeria to hold an extraordinary general meeting (EGM) to vote on a decision to raise N300

Banking

Access Bank Grabs Another Karlsruhe Sustainability Award

July 22, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka For the second time in a row, Access Bank Plc has been named the ‘Outstanding Business Sustainability Achievement Award 2017’ at

Banking

Wema Bank Plans to Raise Equity Next Year

July 22, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Chief Finance Officer (CFO) of Wema Bank Plc, Mr Tunde Mabawonku, has revealed his company’s intention to raise equity next year.

Banking

$793m TSA Funds: Skye Bank Confirms Possession of $41m

July 22, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka One of the seven banks accused of hiding about $793.2 million that should have been remitted to the Federal Government through

Banking

Diamond Bank Targets Sale of Assets to Raise Capital

July 21, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Chief Executive Officer of Diamond Bank Plc, Mr Uzoma Dozie, has revealed that the company plans to raise its capital in

Banking

UBA Raises International Spend Limit on Naira Cards to $2000

July 20, 2017

Dipo Olowookere

By Dipo Olowookere The monthly international spend limit on the debit and prepaid Naira cards of United Bank for Africa (UBA) Plc has been

Banking

Diamond Bank Closes Apapa Branch After Mob Action

July 19, 2017

Dipo Olowookere

By Dipo Olowookere The management of Diamond Bank Plc has announced the closure of one of its branches in Apapa, Lagos State, following the

Banking

Angry Truck Drivers Burn Diamond Bank, Sterling Bank

July 19, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Two banks located in Apapa, Diamond Bank and Sterling Bank, were destroyed by fire on Wednesday morning by some angry truck

Banking

GTBank Raises Int’l Spend Limit on Naira Cards to $1000

July 19, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Guaranty Trust Bank (GTBank) Plc has announced increasing its monthly international spend limit on its Naira MasterCard. In an email notice

Banking

CBN Extends Support to Skye Bank after N100b Intervention

July 19, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka One of the financial institutions earlier reported to be struggling, Skye Bank, has had its guarantees extended by the Central Bank

Banking

UBA Cancels Staff Share Investment Trust Scheme

July 18, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Pan-African financial institution, the United Bank for Africa (UBA) Plc, has announced the cancellation of the Staff Share Investment Trust Scheme

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