Category: Top Stories
ATM, PoS record high volume of transactions
The decision of the financial sector regulator to promote electronic payment option is yielding the expected dividends as milestones were recorded in the Automated...
CBN Withdraws Operating Licences of 236 BDCs
The Central Bank of Nigeria (CBN) Wednesday announced the revocation of the operating licences of 236 Bureaux de Change (BDC) operators. The apex bank stated this in a...
NSE Index Hits 4-year High as Bulls Consolidate
The Nigerian equities market surged further Wednesday with the Nigerian Stock Exchange (NSE) All-Share Index (AS) crossing the 30,000 band to close at 30,093.83. The...
Equity Market:Investors gain N151.36bn despite yuletide break
The value of investors’ equities on the Nigerian Stock Exchange, NSE, gained N151.36 billion to end the Christmas week on a positive note. Specifically, the total...
GTBank Re-affirms Commitment To Secure Banking
Foremost Nigerian financial institution, Guaranty Trust Bank plc has re-affirmed its commitment to the safety of stakeholder funds as it prepares for the 2013 financial...
SEC raises alarm over illegal fund managers N106bn trapped in wonder banks
The Securities and Exchange Commission (SEC) has raised the alarm over the activities of illegal fund managers whose operations have defrauded unsuspecting Nigerians of...
Zenith Bank Emerges Best Bank In Africa! +details and strategies of how Emefiele led institution became no 1.
Zenith Bank plc is now judged….the Best Commercial Bank In Africa! This is the conclusion of comprehensive findings by world leading financial expert crew at...
How Keystone Bank Laundered N155B For Dan Etete …Real Reasons Ex-MD, Oti Ikomi Resigned +The Big Cover Up
Why did Oti Ikomi, former Managing Director at Keystone Bank, and the one with a velvet banking resume and experience, fire what appears to be a disturbing internal memo...
FBN posts superior book value, PE ratio
The current price of First Bank at N16.30, a 12 percent premium to analysts’ year- end target price of N14.50 (from N13.67), the 1.3x book value and 6.0x P/E...
