Keystone Bank appoints new MD/CEO

The management of Keystone Bank Limited has appointed Hafiz Bakare as the bank’s Acting Managing Director/Chief Executive Officer. The new appointment followed the successful conclusion of the divestment of the…

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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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N108bn fraud: EFCC to seize Akpabio’s properties

The Economic and Financial Crimes Commission is intensifying investigation on ex-Governor of Akwa Ibom State, Sen. Godswill Akpabio. The EFCC is investigating allegations that the former governor embezzled N108bn during…

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