The Federal High Court in Lagos has restrained Integrated Energy Distribution and Marketing Company Ltd and Polaris Bank from tampering with funds standing to their credit up to $6,759,000 or its equivalent in any currency...
The nine months 2020 financial results of 13 commercial banks show that they raked in a total of N36.759 trillion as customers’ deposits. This represented an increase of N6.931 trillion or 23 per cent as against...
Central Bank of Nigeria (CBN) has received the approval of a federal high court to temporarily block bank accounts operated by promoters of the #ENDSARS protest until January next year when the court could decide...
GTBank has obtained an approval-in-principle from the CBN to operate as a financial holding company. The bank announced that in a press release sent to the Nigerian Stock Exchange. It reads in part: “Guaranty Trust Bank...
The market was bullish on Wednesday, ahead of today’s holiday, as interest in Dangote Cement Plc, MTN Nigeria Communications Plc and Guaranty Trust Bank Plc shot market indicators up. The Nigerian Stock Exchange (NSE) All-Share Index...