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Banking
294 posts
GTBank, FCA reach £7.67m settlement over AML controls
Guaranty Trust Bank UK Limited (GTBank UK), has agreed to pay a penalty sum of £7.67 million in…
CBN defends sale of Polaris Bank to SCIL
The Central Bank of Nigeria (CBN), yesterday, defended that the recent sale of the Federal Government’s interest in…
Fidelity Bank leads banks’ support for SMEs
New data has shown Fidelity, FBN Holdings, and Guaranty Trust Holding Company, recorded the most support for Small…
SMEDAN microfinance bank to begin early 2023, says Fasanya
. Vows to promote MSMEs competitiveness The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), yesterday, said…
FG to review criteria for disbursement of N500bn dev’t loans
The Minister of Finance, Budget and National Planning, Zainab Ahmed, yesterday, informed that the criteria currently being used…
NDIC pays N113.2bn to depositors of failed banks
By Clara Nwachukwu The Nigeria Deposit Insurance Corporation (NDIC), yesterday said it paid about N113.2 billion to depositors…
Senate begins probe of loan disbursements by DBN
The Senate ad hoc committee yesterday began probing alleged uneven disbursement of loans to micro, small and medium…
Signature Bank debuts to celebrate customer’s uniqueness, individuality
Banking industry newest lender, Signature Bank, has been described as a celebration of customer’s uniqueness and individual identity.…
Ecobank sensitizes traders on new naira notes
Ecobank Nigeria, recently took financial literacy and inclusion to traders in several markets across the country being part…
AfDB invests $20m in renewable projects in sub-Saharan Africa
The African Development Bank Group (AfDB) has approved an equity investment of $20-million in Evolution Fund III, a…