Business

CBN: Diaspora remittances must be paid in foreign currencies

The Central Bank of Nigeria (CBN) yesterday warned it would sanction International Transfer Operators (IMTOs)…

FirstBank deepens financial inclusion with largest agent banking network, empowers SMEs

At present, there are over 86,000 banking agents across 772 out of the 774 local…

Emirates appeals $1.36m, N50m judgment, vows to defend position

Dissatisfied with the judgment handed against it by a Federal High Court in Lagos, Emirates…

EFCC docks Access Bank manager for allegedly stealing customer’s N197m

The Economic and Financial Crimes Commission (EFCC) have charged a female banker, Olawunmi Audu, for…

Stanbic IBTC donates vocational centre for young inmates

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has set up a vocational…

Fidelity Bank’s first female MD/CEO Onyeali-Ikpe assumes office

Mrs Nneka Onyeali-Ikpe, has reportedly formally assumed office as the 4th Managing Director and Chief…

Banks attract N37tn deposits despite COVID-19 disruptions

Despite the disruptive impact of the COVID-19 and the attendant lockdown, the nine months 2020…

$85.8m ‘debt’: Court strikes out Seplat’s application to upturn Mareva Order

A Federal High Court in Lagos has struck out an oral application by an oil…

Nigeria-South Africa flight fulfils Air Peace six-year dream – Onyema

Air Peace Chairman, Allen Onyema, has said that all Nigerian airlines require to break even…

BAFI Awards: FirstBank’s COVID-19 response sets the pace in CSR for other financial institutions – Aniekan Ezekiel

From the publisher of BusinessDay, Frank Aigbogun’s welcome address at the recently held BusinessDay’s Banks…

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