8 results
- 11 Feb 2019
Operators Worry over Sick Banks, Proffer Solutions
Capital market operators have urged the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) to map out strategies to manage ailing banks rather than outright…
- 31 Aug 2018
CBN Says Savannah Bank Depositors Will Soon Get Their Funds
Central Bank of Nigeria (CBN) said it is making efforts to ensure that depositors of the Savannah Bank get their hanging fund.’ The apex bank also said that it is working to ensure that issues…
- 24 May 2015
CBN Grants Kakawa Discount House Merchant Banking licence
Central Bank of Nigeria (CBN) has approved a merchant banking licence for First Bank Nigeria Holdings Plc, through its subsidiary, the Kakawa Discount House Ltd. Mr. Bello Maccido, FBN Holdings group…
- 24 May 2023
Shareholders Applaud Fidelity Bank for Exceptional Performance in 2022 FY
Shareholders of leading financial institution, Fidelity Bank Plc, have commended the board and management of the bank for delivering an exceptional performance in FY 2022. This was made known at the…
- 31 Jul 2023
Fidelity Bank Stock Upgrade Excites Investors
According to The Will newspaper, investors have commended the recent reclassification of Fidelity Bank Plc stock from small price stock to medium price stock. Mrs. Nneka Onyeali-Ikpe, MD/CEO,…
- 17 Feb 2019
Why NDIC Shut Down Fortis MFB
Nigeria Deposit Insurance Corporation (NDIC) has said that the liquidation of the Fortis Micro Finance Bank was the last option in the series of interventions taken by the supervisory authorities.…
- 21 May 2020
Sterling Bank Grows Shareholders’ Fund by 22.3%
Shareholders of Sterling Bank Plc have commended its financial performance and dividend payout for the financial year ended December 31, 2019 as the bank’s shareholders’ fund grew by 22.3 percent to…
- 4 Oct 2018
Polaris Bank, Former Skye Bank Dead on Arrival- Analysts
The withdrawal of the operating license of Skye Bank Plc by the Central Bank of Nigeria (CBN) late September 2018 has continued to generate reactions from experts, analysts and observers. …