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BusinessNews

‘He met with Tony Elumelu not banks’ executives,’ X user reacts to photo of Tinubu’s acclaimed meeting with bank executives 

By Chioma Obinagwam   Reactions have trailed a photo shared by the official X handle of President Bola Ahmed Tinubu’s Media centre Wednesday...

BusinessNews

FCMB lists first bond on FMDQ

The FMDQ Exchange, through its Board Listings and Markets Committee, has approved the listing of the FCMB Group PLC ₦20.69 billion Series 1...

BusinessNews

Cryptocurrency: CBN fines 3 Nigerian banks N514m

Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN) has fined First City Monument Bank (FCMB), Fidelity Bank Plc and Wema Bank...

BusinessNews

CBN disburses N23.2bn to 28 maiden beneficiaries of 100 for 100 PPP

By Chioma Obinagwam The Governor of Nigeria’s apex bank, the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has formally launched the 100...

CrimeNews

Diverted millions: court orders interim forfeiture of money lodged in FCMB, Zenith Bank

A Federal High Court sitting in Lagos Friday ordered the interim forfeiture to the Federal Government (FG), the sum of N241million allegedly diverted...

BusinessNews

CBN to get tough on customers, banks contravening new Forex policy

By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has said stiff sanctions await any customer or bank who defrauds...

BusinessNews

FCMB boss awards scholarship to boy for his integrity

By Chioma Obinagwam A little boy (names witheld) has been awarded scholarship by the Group Chief Executive of First City Monument Bank (FCMB),...

BusinessNews

Sex scandal: FCMB gets new acting Managing Director

First City Monument Bank (FCMB) has appointed an acting managing director in the wake of the sex scandal rocking its managing director, Adam...

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‎Preventing financial crimes amid mounting insecurity: Why following the money is now a survival imperative‎

‎By Blaise Udunze‎‎‎Nigeria today faces a sobering dual reality: a deepening security crisis and an entrenched financial-crime ecosystem that quietly feeds, sustains, and...

‎Nigeria’s Oil, Gas Free Zones attract $24bn in investments as operators plead for 10-year tax holiday‎

By Chioma Obinagwam‎‎ Nigeria’s oil and gas free zones have pulled in a staggering $24 billion in investments, creating hundreds of thousands of...