Standard Chartered Bank MD, Bola Adesola, Appointed as Vice-Chair of UN Global Compact
The United Nations Secretary-General, Mr. Antonio Guterres has appointed Chief Executive Officer and Managing Director of Standard Chartered Bank Nigeria, Ms. Bola Adesola to serve as Vice-Chair of the Board of the United Nations Global Compact,
Zenith Bank/Ikoyi Club swimming tourney starts today
The 3rd Zenith Bank/Ikoyi Club Inter School swimming tournament commences today with 11 schools scheduled to feature. 33 events will be competed for in the ‘catch them young’ programme – a partnership initiative of the club in conjunction with Zenith Bank.
Bank mistakenly transfers $34bn to customer
Germany’s biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of €28bn ($34 billion) in a routine operation, more than the entire bank is worth. The unprecedented mistake happened on March 16 when Deutsche Bank carried out a…
We Don’t Need Your Help On Our Debts, Adeosun Tells World bank
The Minister of Finance, Mrs. Kemi Adeosun has said Nigeria does not need the help of the World Bank in assessing its debts level. The minister said this while speaking with journalists at the ongoing Spring meeting of the International Monetary Fund.
N60.4m Pension Fraud: EFCC Applies For Witness Summons To Be Issued On Banks
The Economic and Financial Crimes Commission (EFCC), on Thursday applied to an Abuja High Court in Maitama for witness summons to be served on banks in the alleged N60.4 million fraud involving one Mohammed Katun. Katun, a former Assistant Director,
Forex: IMF Seeks Unified Exchange Rate Regime
The International Monetary Fund (IMF) has welcomed the stability recorded in Nigeria’s foreign exchange market, just as it urged the Central Bank of Nigeria (CBN) to continue to
push for a unified exchange rate regime…
Sukuk bond: SEC partners IFC, AFDB to boost investment
The Securities and Exchange Commission (SEC) on Friday expressed plans to work with International Finance Corporate (IFC), African Development Bank (AFDB) for development of Sukuk bond investment. Ms Mary Uduk, SEC new Acting Director-General said that the..
NSE: Market indices record 0.15% loss on profit taking
The market indicators of the Nigerian Stock Exchange (NSE) closed trading on Friday with marginal drop of 0.15 per cent. The market capitalisation shed N22 billion or 0.15 per cent to close N14.742 trillion compared with N14.754 trillion achieved on Thursday.
FirstBank MD/CEO leads conversation on empowered continent at LSE Africa Summit
First Bank of Nigeria Limited is partnering with The London School of Economics to present the fifth LSE Annual Africa Summit with the theme: “Africa at Work: Educated. Employed. Empowered.”The summit presents the opportunity to discuss the spate of social, economic
Jaiz Bank gets training schoo
Jaiz Bank Plc has established a modern training school at Samaru-Zaria, Kaduna State, to strengthen the operations of the bank.Alhaji Hassan Usman, the Managing Director of the bank, said this on Friday to newsmen at the inauguration of the institution.