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Oyo shuts Skye Bank, FCMB, others over levy

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No fewer than 20 branches of new generation banks have been sealed in Ibadan, Oyo state government in Ibadan, Oyo State on Monday. The move...

N1.8bn fine imposed on Stanbic IBTC in national interest – CBN

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The Central Bank of Nigeria (CBN) on Friday said the alleged deduction of N1.886 billion fine from Stanbic IBTC Bank’s account was in the...

MTN Nigeria signs N200bn medium-term loan facility

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MTN Nigeria has signed a seven-year medium-term loan facility with a consortium of 12 Nigerian banks for the sum of N200 billion. The signing ceremony...

Diamond Bank to sell UK unit after posting losses

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Diamond Bank plans to conclude the sale of its British unit before the end of 2018, according to a report by Reuters. Managing Director/Chief Executive...

Ego Boyo queries Nigerian banks sponsoring foreign movie premieres

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Nollywood actress and producer, Ego Boyo, has added her voice to the debate on the sponsorship of foreign movies by Nigerian banks and other...

Former Diamond Bank MD, Alex Otti, returns for Abia governorship race

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Former Managing Director of Diamond Bank and All Progressives Grand Alliance (APGA) Abia State governorship candidate in the 2015 general elections Dr. Alex Otti,...

TechFest: MTN partners tech-savvy brands to promote young talent, future tech

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The maiden edition of TechFest, themed “Spark Your Curiosity”, brought together thousands of digerati (tech enthusiasts) and creative minds to explore, debate and proffer...

Car dealer sues Diamond Bank for N2.5m over fake credit alert

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Justice Angela Otaluka of the FCT High Court, Lugbe, has reserved judgment until February 5 over a N2.5 million fake credit alert allegedly received...

Diamond Bank to divest in Togo, Senegal to focus on Nigeria

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Diamond Bank on Friday said it would sell West African banking operations in Benin, Togo, Cote d’Ivoire and Senegal to focus on the Nigerian...

Buhari appoints Diamond Bank director, Aishah Ahmad, CBN deputy governor

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President Muhammadu Buhari has presented Aishah Ahmad to the Senate for confirmation as deputy governor of the Central Bank of Nigeria (CBN). Mrs Ahmad, from...