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Job loss looms as Standard Chartered set to shut 50% of...

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Standard Chartered Plc is closing half of its Nigerian branches to embrace digital banking, sources familiar with the matter have revealed. The London-listed lender’s local...

EFCC denies raiding Standard Chartered Bank

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The Economic and Financial Crimes Commission (EFCC) has denied carrying out a raid on the head office of Standard Chartered Bank in Lagos. The bank...

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...