Revealed: It’s very easy to hack into Nigerian banks – Medical doctor-turned-cyber criminal
A medical doctor turned international hacker, who has been on the Police wanted list, Michael Thompson Williams, has been arrested by the Lagos State Police Command Michael, who boasted of his escapades as a hacker, took a swipe at the Nigerian banking
Edo targets World Bank’s Special Support Window
As Country Director arrives Benin for 2-day visit Following the visit to Edo State of eleven World Bank Executive Directors to inspect major World Bank projects in the state, Country Director of the Bretton Woods institution, Rachid Benmassoud, will arrive the state on a..
AfDB to invest $3m on agric, youth employment
The African Development Bank (AfDB) Group has established a US$ 3 million Rockefeller Trust Fund, a joint effort of the Bank and The Rocke feller Foundation to help in spurring Africa’s transformation in agriculture and youth empowerment.
Afdb, UNIDO Partner On Africa’s Industrialisation
The African Development Bank (AfDB) and the UNIDO signed a partnership programme on Monday to collaborate on the need to accelerate Africa’s industrialisation. The AfDB in 2016, launched its Industrialisation Strategy for Africa 2016-2025, which was the outcome
CBN retains monetary policy rate at 14%
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent. The CBN Governor, Mr Godwin Emefiele, announced the decision of the committee at the end of a two-day meeting held at…
Vision 2020 has catalyzed financial activities in Nigeria—CBN
Central Bank of Nigeria, CBN has stated that the phased implementation of the vision and other developments in the financial space including the pursuit of the Financial System Stability Vision 2020 FSS 2020 has stimulated an exponential growth in financial activities
Reps want FG to recapitalise Federal Mortgage Bank with N500bn
THE House of Representatives on Tuesday said that the Federal Government should recapitalise the Federal Mortgage Bank of Nigeria to the tune of N500 billion. The recapitalisation of the mortgage bank according…
FBNQuest Merchant Bank receives accolades for impactful deals
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has received accolades from global financial and capital market awarding institutions in recognition of the impact and size of transactions delivered by the
East African banks dominate 2018 African Banker Awards
Winners of the 2018 African Banker Awards have been announced at a prestigious Gala Dinner in Busan, South Korea. The awards, held annually on the fringes of the Annual Meetings of the African Development Bank, celebrate excellence in banking and finance on
Ecobank drives financial inclusion on campus
Ecobank Nigeria has commenced a youth engagement program in tertiary institutions across Nigeria as part of efforts to deepen financial inclusion by banking the youth. The initiative, themed ‘Ecobank Xpress Campus Storm’ will avail students of tertiary.
Banker remanded in prison for allegedly defrauding customers of N2.9m
An Ilorin Magistrates’ Court on Tuesday remanded a 32-year-old banker, Oyeyemi Mashood, in prison for allegedly defrauding customers of N2,972,000. The Chief Magistrate, Kudirat Yahaya, ordered that the accused be remanded..
Banking stocks drag equities market performance as NSE ASI down 12bps
Nigerian capital market opened the trading week on a negative note yesterday as the market closed an a bearish trend following sell offs in Tier 1 banking stocks – GTBank (-1.1%) and Access Bank (-1.8%) as well as FBNH (-2.7%). Consequently, the NSE All.
Dismissed Police corporal, another nabbed over Offa multiple bank robberies
A dismissed police corporal, Michael Adikwu, and 35-year-old Kunle Ogunleye, alias Arrow, have been arrested by the Police in connection with the Offa multiple bank robbery in Kwara State, where nine policemen and some customers were killed…
Access Bank Reaffirms Commitment to Women Empowerment
Abuja Access Bank Plc has reaffirmed its commitment to women empowerment with an assurance that it will continue to initiate programmes and products that are women-friendly in a bid to make them socially and economically strong. The Group Deputy…
Taraba First Lady Commends Fidelity Bank for Donating Special Learning Aids to Children with Disabilities
In its bid to enhance the lives and wellbeing of children with disabilities, Fidelity Bank Plc has donated special learning aids to Precious Kids International School in Jalingo, Taraba State. The bank under the auspices of the ‘Fidelity Helping Hands Programme’ (FHHP),…
Union Bank receives BCMS certification
Union Bank of Nigeria Plc has been certified for its compliance with the International Business Continuity Management Systems Standard, ISO 22301:2012. The bank was certified by the British Standards Institution in partnership with local capacity-building