7 results
- 2 Jan 2013
CBN Orders Banks to Reject Liquidated Banks’ Cheques
Legacy banks’ cheques will no longer be accepted by any Nigerian bank, beginning from today, the first day of work in the new year across the country, Nigeria CommunicationsWeek has learnt. The…
- 5 Jan 2021
Okey Nwosu, Ex-FinBank MD 3 Others Jailed for N10.9Bn Fraud
Okey Nwosu, a former managing director, Finbank Plc, was yesterday sentenced to three years imprisonment over N10.9billion fraud. Okey Nwosu, Ex-FinBank MD He was jailed, along with three other…
- 21 Sept 2009
Revealed: How Tech Whistle Blowers Triggered Banking Tsunami
The battery of claims and counter-charges has succeeded in diverting attention from the existence of whistle blowing, a dangerous safety mechanism which triggered the banking tsunami in the first…
- 11 May 2009
Equitorial Trust Bank signs on Finacle
Equitorial Trust Bank Plc, has signed Finacle universal banking application from Infosys Technologies, India to replace their current legacy Globus banking application. ETB also joins other banks…
- 23 May 2018
Tribunal Orders FCMB to Pay N988.5m Decade Old Debt
Investments and Securities Tribunal, Abuja, on Wednesday ordered First City Monument Bank Plc (FCMB) to pay the sum of N988.5million to a stock broking firm after a decade long dispute. …
- 23 Nov 2009
CBN Appoints Advisers for Troubled Banks
The Central Bank of Nigeria (CBN) has appointed advisers that will work with the eight troubled deposit money banks to ensure the stability and soundness of the banking industry. The banks, whose…
- 19 Oct 2009
Banking Tsunami: Lawmakers Sleep as Chaos Looms
The banking tsunami is a phenomenon that holds a double-edge sword capable of reshaping the country for the better or presenting grave danger if not pursued to a logical conclusion, Nigeria…