30 results
- 10 Nov 2016
CBN Fines Standard Chartered Bank N2Bn for FX Infraction
Central Bank of Nigeria (CBN) has reportedly fined Standard Chartered Bank N2billion for foreign exchange infraction. The bank, according to Thisday newspaper, drew the apex bank’s anger for buying…
- 31 Oct 2025
Standard Chartered Affirms Full Compliance with CBN’s N200Bn Capital Rule
Standard Chartered Bank Nigeria Limited says it has successfully fulfilled the Central Bank of Nigeria’s (CBN) ₦200 billion minimum capital requirement for national commercial banks, in advance of…
- 2 Sept 2019
Digital Transformation is Next Frontier says Standard Chartered Bank
Standard Chartered Bank Nigeria Limited recently hosted the second edition of its Business Banking industry event, The Confluence, as part of its efforts to deepen sustainability in the Nigerian SME,…
- 14 Oct 2013
Why We Arranged $100m Deal for MainOne- Standard Chartered
Standard Chartered Bank Nigeria’s quest for strong business growth and its believe to ensure a turning point for domestic growth and development of the local economy, was behind its lead arrangement…
- 9 Mar 2009
Standard Chartered Partners Travelex on Cash Passport Card
Standard Chartered Bank Nigeria Limited has partnered with global retail FX giant – Travelex to introduce a Visa-based prepaid travel card - Cash Passport which makes access to foreign exchange…
- 9 Nov 2020
Standard Chartered Launches 2nd Edition of its Women in Tech programme
Standard Chartered Bank (Nigeria) Limited has launched the second edition of its SC Women in Technology Incubator, to support and promote the economic and social development of women in Nigeria…
- 9 May 2024
CBN Unveils List of Licensed Deposit Money Banks
Central Bank of Nigeria (CBN) has released the list of licenced Deposit Money Banks operating in the country. Providing insights into the banking landscape in Nigeria, the list was made public on the…
- 17 Feb 2023
Standard Chartered Launches Aspiring Entrepreneurs Programme
Standard Chartered Bank Nigeria Limited in partnership with FATE Foundation and Youth Business International (YBI), has launched the second cohort of the SC Futuremakers Aspiring Entrepreneurs…
- 30 Nov 2019
Ecobank, Standard Chartered Lead in Capital Importation to Nigeria
National Bureau of Statistics (NBS) says Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC Bank to become foreign investors’ favourites for investment deals.…
- 3 Feb 2021
Standard Chartered’s Client Conference on AfCFTA Focuses on a Single Continental Market for Nigerian Businesses
As part of Standard Chartered’s knowledge, capacity building and developmental initiatives across its local markets, Standard Chartered Bank Nigeria (SCB) hosted a virtual conference for clients and…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 16 Aug 2018
MTN Nigeria Inks N200bn loan facility with 12 banks for Network Expansion
MTN Nigeria on Wednesday signed a seven-year N200 billion medium term facility with a consortium of twelve (12) local banks, with FBN Quest acting as facility agent. Ferdi Moolman, Chief…
- 5 Aug 2015
Name and Shame: FCMB, MRS Fight over N6.2Bn Debt
Central Bank of Nigeria (CBN)-initiated name and shame campaign of banks’ delinquent debtors gained further momentum on Wednesday as First City Monument Bank Limited and Ecobank Nigeria published…
- 26 Feb 2020
Standard Chartered, Educare Partner to Develop Educational Solution
Standard Chartered Bank Nigeria entered into a unique partnership with Educare Technology Solutions Limited and have together developed a unique educational solution called SC EduEdge. The 3-years…
- 31 Jan 2021
Standard Chartered Leads Trans-Niger Oil & Gas’s Acquisition of OML 17
Standard Chartered Bank acted as Global Co-Ordinator/Financial Advisor to Heirs Holdings Oil & Gas Limited (formerly Trans-Niger Oil & Gas Limited) on its acquisition of a 45% working…
- 7 Sept 2018
CBN Debits 4 Banks N5.9Bn for Aiding MTN Repatriate $8.134 Bn
Central Bank of Nigeria (CBN) yesterday debited the accounts of Standard Chartered Bank, Stanbic IBTC, Citibank Nigeria and Diamond Bank with a total N5.87 billion for alleged breach of its capital…
- 15 Jun 2010
Banks Grant MTN N318 Billion Loan Facilities
MTN Nigeria, Nigeria’s leading telecommunications company has received fresh loan facilities to enable the company further expand its network across the country. A consortium of 15 Nigerian…
- 3 Jun 2021
Konga, Standard Chartered Partner to Offer Card Holders Sweet Discounts
Konga, Nigeria’s leading composite e-commerce brand has rolled out a mouthwatering offer for its customers in partnership with foremost financial institution, Standard Chartered (SC) Bank. The offer,…
- 5 Jul 2020
Reps to Grill Banks, Others over $30Bn Forex Racketeering
House of Representatives has summoned 24 banks and 14 oil companies over an alleged forex racketeering leading to an annual loss of over $30bn as revenue. The Joint House of Representatives Committee…
- 27 Jul 2017
Standard Chartered Hires Okonjo-Iweala, to Pay Her £130,000
Ngozi Okonjo-Iweala, former minister of finance, has been named an independent non-executive director at Standard Chartered Plc. Standard Chartered Plc is a British multinational banking and…
- 15 Jun 2016
Providus Bank Gets Commercial Banking Licence from CBN
Providus Bank Plc has been granted a commercial banking licence with regional authorisation by the Central Bank of Nigeria (CBN), according to information on the apex bank’s website on Tuesday.…
- 3 Sept 2020
KPMG Decries Poor Digital Capabilities of Nigerian Banks
A recent study on the digital capabilities of the Nigeria banking industry carried out by KPMG Nigeria has revealed that most of the banks in the country lacked the ability to onboard a customer with…
- 30 Aug 2018
Forex Scam: CBN Fines 4 Banks N5.87Bn, Orders MTN to Refund $8Bn
Central Bank of Nigeria (CBN) has imposed heavy sanctions totalling N5.87 billion on four banks under its regulatory purview and asked same to refund $8,134,312,397.63 for what it described as…
- 15 Feb 2021
StanChart Hosts Clients to CAMA and Finance Act 2020 Roundtable Discussion
Standard Chartered Bank Nigeria limited in conjunction with leading law firm, Udo Udoma & Belo-Osagie (UUBO) hosted clients, Global investors, Custodians, Bankers and Institutional investors to a…
- 14 Oct 2014
Standard Chartered Unveils Consumer Price Tracker
A new devise to capture real-time price trends in the Nigerian formal and informal markets has been officially unveiled by Standard Chartered Bank (SCB) to enable it obtain accurate price data, which…
- 28 May 2012
4 Months after CBN’s Deadline, Banks March Lazily to IFRS
Nigeria banking industry has reported a sluggish progress in the adoption of International Financial Reporting Standards (IFRS), two years after the Central Bank of Nigeria (CBN), began moves to…
- 29 Jun 2009
Oceanic Bank Joins CRC Credit Bureau
The CRC Credit Bureau Limited has announced the investment status of Oceanic Bank International Plc in the Bureau. The company said in a statement that the entrant of Oceanic Bank takes the total…
- 1 Sept 2018
Repayment of MTN’s $8.1Bn Fine May Trigger Banking Crisis
Nigeria may witness another round of banking crisis unless an amicable resolution is reached between Central Bank of Nigeria (CBN) and MTN, over repayment of $8.1 billion, believed to have been…
- 18 Jan 2010
Lagos Govt, Others Commend 21st Century Technologies
The Lagos State Government has presented an award for Corporate Social Responsibility to Nigeria’s leading fixed telephone operator and integrated information and communications technology…
- 17 Jul 2020
Fidelity Bank Taps Onyeali-Ikpe as MD Designate
Central Bank of Nigeria (CBN) has approved the appointment of Nneka Onyeali-Ikpe as managing director/CEO designate of Fidelity Bank of Nigeria Plc, sources close the apex bank said. Nneka…