Fmr Naval Chief’s trial: Court admits evidence from Diamond Bank

An  FCT High Court on Tuesday admitted some bank documents from an official of Diamond Bank as evidence against former Chief of Naval Staff, Vice Admiral Usman Jibrin. The witness,…

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FX Trade Suspension: Bank Chiefs meet CBN

Nigerian Commercial Bank Executives are on Wednesday meeting officials of the Central Bank of Nigeria (CBN) on the suspension of some Nigerian banks from Foreign Exchange trade, Reuters news agency…

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Forex trade suspension: Investors dump shares of Diamond Bank, FCMB, First Bank, others

Investors sold shares in Nigerian banks on Wednesday, a day after the central bank suspended nine lenders from foreign exchange transactions for failing to remit money owed to the government….

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EFCC re-arrests ex-Imo Governor, Udenwa

The Economic and Financial Crimes Commission (EFCC) has re-arrested a former governor of Imo state, Achike Udenwa. Udenwa, who was earlier granted an administrative bail by the anti-graft agency, was…

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First Bank, UBA, and 6 other Nigerian Banks on Sovereign Criteria Change – Fitch

Fitch Ratings has affirmed the National Ratings of First Bank of Nigeria (FBN), United Bank for Africa (UBA), Fidelity Bank (Fidelity), Diamond Bank (Diamond), First City Monument Bank (FCMB), Union…

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