Wema Bank Plc has announced plans to complete its capital raise with a combination of a rights issue and a special placement exercise set to begin...
The House Committee on Public Accounts has launched an investigation into the Central Bank of Nigeria (CBN), Shell Petroleum Development Company, and Sterling Bank over allegations...
The World Bank Group has announced the 30-month debarment of two Nigeria-based companies, Viva Atlantic Limited and Technology House Limited, along with their chief executive, Norman...
The Nigerian Communications Commission (NCC) has approved the disconnection of Unstructured Supplementary Service Data (USSD) codes assigned to nine financial institutions due to unpaid debts. The...
The National Pension Commission (PenCom) has mandated the inclusion of Bank Verification Numbers (BVN) for all Retirement Savings Account (RSA) registrations and data recapture processes, effective...
Notwithstanding that the Federal Government’s efforts to distribute cash to poor Nigerians have failed in the past, the government has rolled out fresh plans to continue...
The National Assembly has been enmeshed in a fresh budget padding scandal as an investigation by BudgIT has uncovered a shocking fraudulent activity in the proposed...
Our attention has been drawn to recent media reports regarding a commercial transaction between First Bank of Nigeria Limited (FirstBank) and General Hydrocarbons Limited (GHL) that...
The National Assembly, comprising the Senate and House of Representatives, has expressed concerns over poor and low remittances by Ministries, Departments and Agencies (MDAs) of the...
First Bank of Nigeria is charting a bold course for its Pan-African growth strategy with Ethiopia and Angola emerging as key targets for expansion. As financial...
