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Zenith Bank Declares N75.32bn HY Profit

Olamilekan Okeowo with Agency report Zenith International Bank Plc has declared a profit after tax of N75.32 billion for the half year ended June 30. This...
Banking

FG Spends N57.4bn On Debt Servicing In 6 Months

The Central Bank of Nigeria (CBN) has disclosed that a sum of N57.35 billion ($187.7million) was spent by the federal government on debt services/payments...
Banking

CBN Retains Monetary Policy At 14% For 12 Months

The monetary policy committee of the Central Bank of Nigeria (CBN) has retained MPR at 14 percent and all other parameters at their current...
Banking

Court Orders 7 Banks To Remit $793m To TSA

We Didn’t Conceal TSA Fund—Fidelity Bank No Hidden NAPIMS And NNPC Funds In Sterling Bank The Federal High Court in Lagos on Thursday ordered...
Banking

Only 3 Million Nigerians Have Insurance Policies, Says Adeosun

The Minister of Finance, Mrs Kemi Adeosun, on Monday, said that only three million out of 180 million Nigerians possessed insurance policies to protect...
Banking

Exclusive: How Olaoluwa, Evelyn Oputu, Others Stripped BOI Assets

 The Inside Details Of N40BN, TANGO Towers Deals  Investigators, New BOI Team Ferret Dozens Of Documents (PART 1) By The New Diplomat Economic Intelligence...
Banking

Etisalat Like UBA: Belo-Osagie’s Financial Mismanagement Exposed

Also Resigned From UBA Amidst Fraudulent Allegations Belo-Osagie Named In Panama Papers By 'Dotun Akintomide With Etisalat Nigeria enmeshed in $1.2bn debt crisis allegedly blamed...
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