Mr. Segun Agbaje is the Managing Director of Guaranty Trust Bank plc. With over (25) twenty-five years investment and international banking experience, Mr. Agbaje is involved in the general management of the Bank’s day-to-day operations and has earned a reputation as a truly accomplished and highly respected professional within the West Africa sub-region, given his […]
Ecobank Nigeria seems to be the worst culprit in the area of limiting other card users on their ATMS. How do you run a cashless society when the ATM and POS are giving unfriendly signals? Should banks be allowed to set certain limit on their ATM because of card users from other banks? These are […]
First Bank of Nigeria Limited has initiated a whole week of celebrating its Corporate Responsibility and Sustainability (CR&S) initiatives from September 25 – 29, 2017. The historical FirstBank CR&S week themed ‘Promoting Kindness; Putting You First’ would witness the culmination and consolidation of the Bank’s interventions in social responsibility, promoting random acts of kinds across […]
In line with the Federal Government’s recent drive to support growth of SMEs through its policies; Keystone Bank Nigeria Limited has reiterated its commitment to the support of the growth of small and medium scale enterprises in Nigeria. This sentiment was expressed by the Acting Managing Director of the bank, Mr. Hafiz Bakare. He noted […]
If you have been to Intercontinental Hotel,Victoria-Island, no doubt,it will be one of the best hotels or hospitality centre you have ever been to in Nigeria.The owners of the hotel are now in trouble over bad debt running into millions of dollars.The company secured the loan from Skye Bank. The Federal High Court in Lagos […]
Wema Bank Plc. has announced the appointment of Babatunde Kasali, a non-executive director, as the new Chairman of the Board. This followed the resignation of its Chairman, Adeyinka Asekun, following his nomination as an Ambassador of the Federal Republic of Nigeria, which has now been confirmed by the Senate. Asekun became the Chairman of […]
A limited liability company, Infinity Snacks and Beverages Limited,alleged to have suffered economic misfortune as a result of breach of contract by Stanbic IBTC bank Plc has slammed N2billion suit on the said bank. In a statement of claim filed before a Lagos high court,south west Nigeria by a Lagos lawyer, Barrister Olumide Sofowora SAN, […]
A bank staff of Stanbic IBTC, a new generation bank in Nigeria has been arrested and charged before a Magistrate’s court sitting in Ejigbo for allegedly diverting the bank’s customer’s N3m in the account in Lagos State Western Nigeria. The 29-year old Kehinde Oyelade allegedly tampered with the bank’s computer and diverted the money belonging […]
In spite of the regulatory headwinds and downturn in the Nigerian economy, Sterling Bank Plc recorded growth in virtually all its performance indicators for the year ended December 31, 2015, pushing up profit before tax by 2.5 per cent to N11.0 billion. Similarly, profit after tax rose by some 14.3 per cent to N10.3 billion […]
At a meeting held at UBA House, the UBA Group Board today approved the appointment of Kennedy Uzoka as the new Group Managing Director, with effect from August 1st, 2016 and subject to the approval of the Central Bank of Nigeria. Mr Uzoka succeeds Phillips Oduoza, who retires on July 31, 2016, after two terms […]