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FCMB Paternity Saga: Bank Confirms Yemisi Edun As MD, Finally Fires Adam Nuru

Mrs. Yemisi Edun has been confirmed as the substantive Managing Director/Chief Executive Officer of First City Monument Bank (FCMB), becoming the first female boss...
Banking

Fleeing Businessman Nabbed At Airport, Arraigned For Allegedly Defrauding GTBank N125m

The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Friday, arraigned one Mr Andrew Warri before Justice Sherifah Solebo of...
Banking

N25.7bn Fraud: How Atuche, Anyanwu Looted Bank PHB To Bankruptcy — Justice Okunnu

In a marathon judgment, Justice Lateefat Okunnu of the Ikeja High Court sentenced Francis Atuche, a former Managing Director of the defunct Bank PHB...
Banking

CBN Extends Naira4Dollar Policy Indefinitely

The Central Bank of Nigeria (CBN), has announced the extension of the deadline of the Naira4Dollar policy. According the apex bank, the policy is to...
Banking

Adeduntan Resumes As FirstBank CEO

First Bank of Nigeria (FBN) on Friday confirmed that Dr Adesola Adeduntan had resumed as the Chief Executive Officer in line with the directives...
Banking

N77bn First Bank Loan: Why Otudeko May Forfeit Honeywell Flour Mills To AMCON

Nigerian business mogul and Chairman of Honeywell Group, Dr. Oba Otudeko risks the forfeiture of his company and other assets of interest to Asset...
Banking

First Bank Crisis: CBN Fires Oba Otudeko, Ibukun Awosika, Other Board Members

Appoints Remi Babalola, Chairman First Bank Limited; Other Appointments Made The Central Bank of Nigeria (CBN) has sacked the entire board...
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