Stock Market

FCMB introduces revamped agro-commodity finance facility to boost agriculture

FCMB introduces revamped agro-commodity finance facility to boost agriculture    Premium Times First City Monument Bank (FCMB) has introduced an enhanced agro-commodity trade finance facility for agribusiness operators. The development marks ... read more

Nigeria: FCMB Reiterates Commitment to Tourism

Nigeria: FCMB Reiterates Commitment to Tourism    AllAfrica.com First City Monument Bank (FCMB) has congratulated the Awujale and Paramount Ruler of Ijebuland, Oba (Dr.) Sikiru Kayode Adetona, chiefs, age groups, all ... read more

Edited Transcript of FCMB.LA earnings conference call or presentation 1-Aug-19 2:00pm GMT

Edited Transcript of FCMB.LA earnings conference call or presentation 1-Aug-19 2:00pm GMT    Yahoo Finance Half Year 2019 Fcmb Group PLC Earnings Call. Lagos Aug 5, 2019 (Thomson StreetEvents) -- Edited Transcript of FCMB Group PLC earnings conference call ... read more

FCMB introduces Revamped Agro-Commodity Trade Finance Facility to boost agriculture

FCMB introduces Revamped Agro-Commodity Trade Finance Facility to boost agriculture    Daily Post Nigeria Leading financial services provider, First City Monument Bank (FCMB), has introduced an enhanced agro-commodity trade finance facility for agribusiness ope. read more

FCMB to support tourism development

FCMB to support tourism development    The Punch Maureen Ihua-Maduenyi First City Monument Bank has said it will continue to support the growth of tourism development in the country. The bank st... read more

…FCMB pledges more support for festival, hails Awujale

…FCMB pledges more support for festival, hails Awujale    The Nation Newspaper First City Monument Bank (FCMB) has congratulated the Awujale and Paramount Ruler of Ijebuland, Oba (Dr.) Sikiru Kayode Adetona, chiefs, age groups, ... read more

What makes a Quistclose trust? - Newsletters

What makes a Quistclose trust? - Newsletters    International Law Office The Court of Appeal recently set out the relevant circumstances in which a Quistclose trust can arise in the context of bank transfers. The decision reinforces the ... read more

Ojude Oba 2019 proudly sponsored by FCMB

Ojude Oba 2019 proudly sponsored by FCMB    Daily Post Nigeria It was a rich showcase of colours, culture and tradition at this year's Ojude Oba Festival which held in Ijebu-Ode, Ogun State on August 13, 2019. The Ojud. read more

Standard Chartered Bank Ghana Gets New Head Of Retail Banking

Standard Chartered Bank Ghana Gets New Head Of Retail Banking    Modern Ghana 20 August 2019 - Accra: Standard Chartered Bank Ghana Limited has announced the appointment of Ebehijie Momoh as Head of Retail Banking. Ebehijie ... read more

FCMB commits to economic development, tourism

FCMB commits to economic development, tourism    Guardian Nigeria First City Monument Bank (FCMB), has reiterated its commitment to support activities that promote and add value to Nigeria's culture and heritage which are also ... read more

CBN issues licences to three new banks

CBN issues licences to three new banks    Premium Times The Central Bank of Nigeria (CBN) has issued licenses to three new banks set for operations in Nigeria. PREMIUM TIMES' checks revealed that the three banks ... read more

“Trusts over money transfers? Don't bank on it” - Court of Appeal rejects imposition of trust in international banking dispute

“Trusts over money transfers? Don't bank on it” - Court of Appeal rejects imposition of trust in international banking dispute    Lexology On 1 March 2019 the Court of Appeal handed down judgment in First City Monument Bank Plc v Zumax Nigeria Ltd [2019] EWCA Civ 294, a decision which… read more

Banks, their customers and unending legal battles

Banks, their customers and unending legal battles    The Nation Newspaper Every year, banks and their customers engage in legal battle that can potentially cost trillions of naira in claims. ROBERT EGBE examines why the parties are ... read more

FCMB to pay shareholders N2.77bn annual dividend

FCMB to pay shareholders N2.77bn annual dividend    The Punch Feyisayo Popoola. First City Monument Bank Plc says it will pay its shareholders a cash dividend of 14 kobo per ordinary share, which translates to N2.77bn for ... read more

Court Places No Debit Order On Accounts Belonging To Lagos Govt. Over N9.9b Fraud

Court Places No Debit Order On Accounts Belonging To Lagos Govt. Over N9.9b Fraud    Leadership Newspaper Justice Chuka Obiozor of the Federal High Court in Lagos on Tuesday placed a no debit order on three bank accounts belonging to the Lagos State Government ... read more

Rewane retires from FCMB board

Rewane retires from FCMB board    The Punch Feyisayo Popoola First City Monument Bank Plc has announced the retirement of Mr Bismarck Rewane from its Board of Directors. The firm, in a stat... read more

FCMB introduces initiative to drive SMEs growth

FCMB introduces initiative to drive SMEs growth    The Punch Nike Popoola First City Monument Bank Plc says it has introduced a value-added initiative called SheVentures for women-owned Small and Medium Scal... read more

FCMB sustains performance with N177.4bn revenue, achieves 73% profit increase

FCMB sustains performance with N177.4bn revenue, achieves 73% profit increase    Daily Trust FCMB Group Plc has released its financial results for the year ended December 31, 2018, reporting a gross revenue of N177.4 billion, an increase of 4.3% ... read more

FCMB’s revenue rose to N177.4bn

FCMB’s revenue rose to N177.4bn    The Punch Nike Popoola FCMB Group Plc has said its gross revenue rose by 4.3 per cent to N177.4bn at the end of 2018 from N169.9bn for the same period in 20... read more

Elections: Customers make last-minute withdrawals as banks close early

Elections: Customers make last-minute withdrawals as banks close early    The Punch Ifeanyi Onuba and Ife Ogunfuwa Customers of Deposit Money Banks on Friday made last minute withdrawals at various bank branches in Abuja and Lagos... read more

Biggest Givers: Nigeria's Leading Philanthropists

Biggest Givers: Nigeria's Leading Philanthropists    Leadership Newspaper Biggest Givers: Nigeria's Leading Philanthropists The art of giving to impact lives has evolved over the years, and the benefits of philanthropy to the ... read more

FCMB’s women entrepreneurs offer zero-interest plan to SMEs

FCMB’s women entrepreneurs offer zero-interest plan to SMEs    Guardian Nigeria This is because Women in Business at First City Monument Bank Limited (FCMB) is set to launch a proposition that offers zero-interest rate on loans to Small ... read more

FCMB Launches Easy Account - Your Phone Number as Your Account Number

FCMB Launches Easy Account - Your Phone Number as Your Account Number    Proshare Nigeria Limited Leading Lender, First City Monument Bank (FCMB) has taken another major leap in the retail and mobile banking segments of the Nigerian financial services ... read more

Moody's assigns first-time ratings to three mid-tier Nigerian banks - african

Moody's assigns first-time ratings to three mid-tier Nigerian banks    african-markets.com Moody's Investors *Service* has assigned first-time long term global scale local-currency bank deposit and issuer ratings of B2 to First City Monument Bank ... read more

FCMB posts N177.4b gross earnings

FCMB posts N177.4b gross earnings    The Nation Newspaper First City Monument Bank (FCMB) Group Plc has released its financial results for the year ended December 31, 2018, reporting a gross revenue of N177.4 ... read more

Shareholders Commend FCMB for an Impressive Performance

Shareholders Commend FCMB for an Impressive Performance    Proshare Nigeria Limited Shareholders of FCMB Group Plc have commended the Board, Management and Staff of the financial institution for recording another impressive performance in ... read more

FCMB reports fraudulent transactions on customers’ accounts

FCMB reports fraudulent transactions on customers’ accounts    Punchng 'Femi Asu FCMB Group Plc announced on Thursday that its commercial banking subsidiary, First City Monument Bank Limited, confirmed that there were... read more

FCMB Bank unveils new scheme in UK

FCMB Bank unveils new scheme in UK    Punchng 'Femi Asu. FCMB Bank (UK) Limited, an independently incorporated subsidiary of First City Monument Bank Limited, has announced the introduction of its ... read more

Nine FCMB Staff Declared Wanted Over Alleged Multi-Million Naira Customer Deposit Fraud

Nine FCMB Staff Declared Wanted Over Alleged Multi-Million Naira Customer Deposit Fraud    Proshare Nigeria Limited The Economic and Financial Crimes Commission (EFCC) has declared wanted some members of staff of the First City Monument Bank (FCMB) over an alleged ... read more

FCMB rewards 2,576 customers with millions of cash, gifts in ‘Millionaire Promo Season 5’

FCMB rewards 2,576 customers with millions of cash, gifts in ‘Millionaire Promo Season 5’    Daily Post Nigeria A total of 2576 customers of First City Monument Bank (FCMB) have won millions and various gifts at the end of the Bank's reward scheme tagged ''FCMB Mill. read more

EFCC To Arraign Former Skye Bank Chairman, Tunde Ayeni, Two Others On N21bn Money Laundering Charge

EFCC To Arraign Former Skye Bank Chairman, Tunde Ayeni, Two Others On N21bn Money Laundering Charge    SaharaReporters.com The Economic and Financial Crimes Commission (EFCC) is set to formally arraign Tunde Ayeni, former Chairman of the defunct Skye Bank Plc, on a 10-count ... read more

Fitch Affirms Nigeria's FCMB at 'B-'; Outlook Stable

Fitch Affirms Nigeria's FCMB at 'B-'; Outlook Stable    Proshare Nigeria Limited Fitch Ratings has affirmed First City Monument Bank Limited's (FCMB) Long-Term Issuer Default Rating (IDR) at 'B-'. The Outlook is Stable. A full list of ratings is ... read more

FCMB partners WSBI to boost financial inclusion, savings in Nigeria

FCMB partners WSBI to boost financial inclusion, savings in Nigeria    Daily Post Nigeria First City Monument Bank (FCMB) is set to substantially increase its support to agribusiness, its value chain and growth of the Nigerian economy after sign. read more

Banks make N124bn from e-transactions

Banks make N124bn from e-transactions    The Punch IFE OGUNFUWA reported that 11 Deposit Money Banks grew revenue from electronic transactions by 43 per cent in 2018 The growing adoption and invest... read more

Legacy Pension now FCMB Pensions Limited

Legacy Pension now FCMB Pensions Limited    Daily Trust As part of the strategy to harmonise its global brand and identity, FCMB Group Plc has announced a change of name in the pension management arm of its ... read more

FCMB Opens New Branch in Ile-Ife, Reiterates Commitment to Excellent Service Delivery

FCMB Opens New Branch in Ile-Ife, Reiterates Commitment to Excellent Service Delivery    Premium Times The First City Monument Bank (FCMB) has opened a new ultra-modern branch in Ile-Ife, Osun State, on Wednesday. FCMB Opens New Branch in Ile-Ife, ... read more

FCMB launches Hub One to help tech start-ups

FCMB launches Hub One to help tech start-ups    Premium Times FCMB has created Hub One, a tech-themed co-working space. Hub One is a space that allows for partnerships, collaborations and possible investments. read more

FCMB Nigerian bank appoints Oladipupo Jadesimi as Chairman

FCMB Nigerian bank appoints Oladipupo Jadesimi as Chairman    Pulse Nigeria FCMB is among the nine commercial banks projected to be able to pay dividends this year despite the recent CBN policy. Nigerian Tier-2 bank, First City ... read more

FCMB Organises Free Training, Urges SMEs to Drive Economic Growth

FCMB Organises Free Training, Urges SMEs to Drive Economic Growth    Proshare Nigeria Limited On Saturday, April 13, 2019, First City Monument Bank (FCMB) hosted the fifth in its series of free capacity building programmes, tagged ''Business Enterprises ... read more

FCMB Drives Growth, Organises Business Finance Training for SMEs in Abuja

FCMB Drives Growth, Organises Business Finance Training for SMEs in Abuja    Proshare Nigeria Limited First City Monument Bank (FCMB) has reiterated its commitment to champion and execute initiatives that would boost the growth and performance of Small and ... read more

FCMB promo gets more 644 winners

FCMB promo gets more 644 winners    Guardian Nigeria Another set of 644 customers of First City Monument Bank (FCMB) has been rewarded in its ongoing promotions, tagged: “FCMB Millionaire Promo Season 5”. read more

FCMB Launches Hub One

FCMB Launches Hub One    Daily Post Nigeria The Nigerian Tech industry has grown in leaps and bounds over the years. Many innovative ideas, platforms and more have been developed, which have ... read more

FCMB upgrades mobile banking platform

FCMB upgrades mobile banking platform    Guardian Nigeria First City Monument Bank (FCMB) Limited has introduced a mobile banking code- *329# to enhance the level of *service* delivery and experience for its ... read more

MTN signs N200bn loan facility with seven banks

MTN signs N200bn loan facility with seven banks    The Punch Feyisayo Popoola MTN Nigeria Communications Plc has signed a N200bn medium-term loan facility with a consortium of seven banks. The Chief Executi... read more

Banks paid N8.51bn as IT levy in 2018

Banks paid N8.51bn as IT levy in 2018    The Punch Ife Ogunfuwa Eleven Nigerian banks paid about N8.51bn Information Technology-related levies to the government in 2018, the audited financial repor... read more

Why bank manager committed suicide – FCMB

Why bank manager committed suicide – FCMB    The Punch Afeez Hanafi First City Monument Bank Plc says its official, Olisa Nwakoby, who committed suicide on Friday in front of Our Lady Star of the Sea C... read more

Seven banks make N8.58bn fresh investments in software

Seven banks make N8.58bn fresh investments in software    Punchng Ife Ogunfuwa examines how huge investments in software by Nigerian banks are shaping the delivery of innovative banking products to drive efficient... read more

What you need to know about Quistclose trusts

What you need to know about Quistclose trusts    Lexology English commercial law is suspicious of equity, and has a strong preference for simple common law certainty. Equitable principles are imprecise… read more

FCMB Delivers A strong Set Of H1 2018 Results - ARM

FCMB Delivers A strong Set Of H1 2018 Results - ARM    Proshare Nigeria Limited First City Monument Bank Plc (FCMB) published its half-year results at the close of last week showing strong set of results across key line items. EPS of N0.29 ... read more

Why pensioners now get their entitlements promptly – FCMB Pensions MD

Why pensioners now get their entitlements promptly – FCMB Pensions MD    Daily Trust The Managing Director and CEO, FCMB Pensions, Mr. Misbahu Yola, in this exclusive interview explained how First City Monument Bank (FCMB) acquired ... read more

FCMB Bank (UK) Limited launches personal and business banking proposition to deepen inclusiveness

FCMB Bank (UK) Limited launches personal and business banking proposition to deepen inclusiveness    Daily Post Nigeria FCMB Bank (UK) Limited, an independently incorporated subsidiary of First City Monument Bank Limited (which is a member of FCMB Group Plc), has ... read more

FCMB UK gets approval for personal, business banking

FCMB UK gets approval for personal, business banking    Guardian Nigeria FCMB Bank (UK) Limited, an independently incorporated subsidiary of First City Monument Bank Limited, has introduced its Personal and Business banking ... read more

Creating value through digital banking

Creating value through digital banking    The Nation Newspaper The Central Bank of Nigeria (CBN) has reformed the e-payment space and advised commercial banks to embrace the initiative. Besides, banking is gradually. read more

Nigeria: Moody's - LDR's Reduction Will Stimulate Consumer Lending

Nigeria: Moody's - LDR's Reduction Will Stimulate Consumer Lending    AllAfrica.com Moody's Investor *Service* has said the Central Bank of Nigeria (CBN) recent directive that requires banks to maintain a minimum loan-to-deposit ratio (LDR) of 60 ... read more

Bank stocks see biggest fall in 20 months

Bank stocks see biggest fall in 20 months    The Punch Feyisayo Popoola with agency report The Nigerian banking stocks slumped the most since June 2016 a day after the re-election of President Muhammad... read more

FCMB gets new chairman

FCMB gets new chairman    Premium Times A businessman, Oladipupo Jadesimi, has been appointed the new chairman of First City Monument Bank (FCMB). The bank in a statement on Tuesday said Mr. read more

Nigeria: FCMB Begins BVN Registration of Customers

Nigeria: FCMB Begins BVN Registration of Customers    The Guardian FIRST City Monument Bank Limited (FCMB) has commenced full registration of its customers in its selected 44 Branches in Lagos, including its Head Office ... read more

FCMB Group appoints new MD, GMD

FCMB Group appoints new MD, GMD    The Nation Newspaper First City Monument Bank (FCMB) Group this morning announced the appointment of Adam Nuru as the Managing Director of the commercial banking arm First ... read more

FCMB announces transition into Holding Company

FCMB announces transition into Holding Company    Premium Times The Holding Company will manage FCMB and its subsidiaries. First City Monument Bank (FCMB) Plc, this week, announced its transition into a holding ... read more

Bank produces more millionaires in First Draws of "Millionaire Promo Season 5"

Bank produces more millionaires in First Draws of "Millionaire Promo Season 5"    Pulse Nigeria The winners emerged through electronic selection of qualified customers at a colourful ceremony held at the four regions. read more

Stock market investors lose N528bn in three days

Stock market investors lose N528bn in three days    The Punch Feyisayo Popoola Investors in the nation's stock market lost a total of N5228bn in the last three consecutive days of trading on the floor of the ... read more

FCMB Drags 3 Managers To Court For Stealing N48.6m

FCMB Drags 3 Managers To Court For Stealing N48.6m    P.M. News The management of First City Monument Bank, FCMB, Lagos has dragged three Operation Managers attached to the Macarthy, Onikan, Lagos Island branch of ... read more

MTN Nigeria borrows another N200 billion from 7 local banks - the 8th syndicated loan since 2001

MTN Nigeria borrows another N200 billion from 7 local banks - the 8th syndicated loan since 2001    Pulse Nigeria MTN Nigeria Communications Plc signs a new 7-year N200 billion Medium Term Facility with a consortium of seven local banks; The loan facility, MTN Nigeria ... read more

FCMB deepens support for SMEs with capacity building

FCMB deepens support for SMEs with capacity building    Guardian Nigeria First City Monument Bank (FCMB) has raised its support for Small and Medium Enterprises (SMEs) sector as it organised the first in its planned series of free ... read more

DMO to auction N125bn bonds next week

DMO to auction N125bn bonds next week    The Punch Feyisayo Popoola. The Debt Management Office has said the Federal Government will auction N125bn worth of bonds by subscription on July 24. The DMO ... read more

Developing new banking products to accelerate CBN’s Financial Inclusion

Developing new banking products to accelerate CBN’s Financial Inclusion    Vanguard OVER the years, the Central Bank of Nigeria (CBN), has introduced several reforms to create a robust financial system framework. These reforms are focussed ... read more

FCMB launches education advisory services for overseas studies

FCMB launches education advisory services for overseas studies    Daily Post Nigeria Leading financial services provider, First City Monument Bank (FCMB), on Thursday, May 31, 2018 unveiled a scheme tagged, ''FCMB Education Advisory ... read more

‘It will be unpatriotic to have FCMB and not use it to help my people’

‘It will be unpatriotic to have FCMB and not use it to help my people’    Guardian Nigeria If you are a regular at the yearly Ojude Oba Cultural Festival in Ijebu Ode, then you must have observed that aside from the Awujale of Ijebuland... read more

FCMB Partners Etihad, Secures Unbeatable Travel Fares for its Customers

FCMB Partners Etihad, Secures Unbeatable Travel Fares for its Customers    Premium Times Customers of First City Monument Bank Limited (FCMB) who plan to travel abroad for personal or business purposes at very affordable fares now have an ... read more

Unending bank customers’ rip-off over failed transactions

Unending bank customers’ rip-off over failed transactions    Guardian Nigeria Five months after a new Central Bank of Nigeria (CBN) directive to banks to ensure a speedy and timely reversal of funds arising from failed transactions... read more

FCMB announces N170bn gross revenue

FCMB announces N170bn gross revenue    Vanguard FCMB Group Plc has reported a gross revenue of N169.9 billion for its financial year ended December 31, 2017. read more

FCMB Manager Faces Criminal Charges

FCMB Manager Faces Criminal Charges    P.M. News Akin Kuponiyi A Federal High Court sitting in Lagos, southwest Ngeria, has adjourned till 30 September continuation of trial of an accused manager of First […] read more

FCMB subsidiaries clinch awards

FCMB subsidiaries clinch awards    Guardian Nigeria Two subsidiaries of FCMB Group Plc- First City Monument Bank (FCMB) and First City Asset Management Limited (FCAM), have emerged as the, Most Improved ... read more

Tribunal orders FCMB to pay N989 million decade old debt

Tribunal orders FCMB to pay N989 million decade old debt    Premium Times The Investments and Securities Tribunal, Abuja, on Wednesday ordered First City Monument Bank Plc (FCMB) to pay N988.5 million to a stock broking firm after ... read more

DMO offers N60bn bonds for subscription

DMO offers N60bn bonds for subscription    The Punch Feyisayo Popoola. The Debt Management Office has offered N60bn bonds for subscription in the Federal Government bond auction this month. The DMO said in ... read more

New Titan Trust Bank Braves Slow Economy; Weighs Opportunities

New Titan Trust Bank Braves Slow Economy; Weighs Opportunities    Proshare Nigeria Limited At a time when at least two Nigerian banks appear to be in financial trouble, a new bank, Titan Trust Bank, has joined the market of financial *service* providers. read more

Fitch Revises 4 Nigerian Banks' Outlook to Negative; Affirms 10 IDRs

Fitch Revises 4 Nigerian Banks' Outlook to Negative; Affirms 10 IDRs    Reuters The following statement was released by the rating agency) Link to Fitch Ratings' Report: Fitch Affirms Ratings on 10 Nigerian Banks - Rating Action Report ... read more

FCMB Group declares Gross Revenue of N170bn for FY 2017

FCMB Group declares Gross Revenue of N170bn for FY 2017    Proshare Nigeria Limited FCMB Group Plc has released its financial results for the year ended December 31, 2017, reporting a gross revenue of N169.9 billion. Going by the audited ... read more

Foundation, FCMB partner to mentor corps members

Foundation, FCMB partner to mentor corps members    Guardian Nigeria Activate Success International Foundation in conjunction with First City Monumental Bank (FCMB), has mentored National Youth *Service* Corps (NYSC) ... read more

Alleged N6.2bn fraud: Jang objects to attempt to tender personal bank statements

Alleged N6.2bn fraud: Jang objects to attempt to tender personal bank statements    The Punch Former Plateau State governor Jonah Jang on Thursday objected to attempts by the Economic and Financial Crime Commission, to tender the statements ... read more

FCMB unveils automated branch, project at LASPOTECH

FCMB unveils automated branch, project at LASPOTECH    Guardian Nigeria First City Monument Bank (FCMB) has opened its Flexx Hub, a specially designed automated branch to cater for the banking needs of students on campuses, ... read more

Finance Litigation April 2019: Recent Cases And Issues - Finance and Banking - UK

Finance Litigation April 2019: Recent Cases And Issues - Finance and Banking - UK    Mondaq News Alerts Gowling WLG's finance litigation experts look at a number of cases and issues affecting the lending industry. UK Finance and Banking Gowling WLG 16 Apr ... read more

FMDQ records N63.25tn turnover in Q1

FMDQ records N63.25tn turnover in Q1    The Punch FMDQ OTC Securities Exchange recorded a turnover of N63.25tn in the first quarter of the year. Data obtained from the FMDQ's website on Tuesday sh... read more

LLA 50 leading ladies in corporate Nigeria

LLA 50 leading ladies in corporate Nigeria    Guardian This week, we complete the list of the 50 Leading Ladies in Corporate Nigeria. As the world becomes increasingly aware of the important role women play in the ... read more

Stock market reverses gains, reverts to losing streak

Stock market reverses gains, reverts to losing streak    The Punch Feyisayo Popoola The Nigerian equities market has reverted to its losing trend, reversing gains recorded on Wednesday. Investors lost N56bn as th... read more

CBN finances 568 agric projects with N577bn

CBN finances 568 agric projects with N577bn    The Punch Ifeanyi Onuba, Abuja A total of 568 agricultural projects valued at N577.3bn have been financed by the Central Bank of Nigeria under the Commercia... read more

Again, EFCC arraigns Tunde Ayeni for ‘fraud’

Again, EFCC arraigns Tunde Ayeni for ‘fraud’    TheCable The Economic and Financial Crimes Commission (EFCC) has arraigned Tunde Ayeni, a former chairman of the board of directors, Skye Bank Plc, before a ... read more

NSE suspends trading in Unity Bank, five others’ shares

NSE suspends trading in Unity Bank, five others’ shares    The Punch Cadbury, 23 others push market lower by N168bn Feyisayo Popoola The Nigerian Stock Exchange has suspended trading in the shares of Unity Bank Pl... read more

Alleged N192m fraud: Lawyers sent to prison over secret accounts

Alleged N192m fraud: Lawyers sent to prison over secret accounts    Daily Post Nigeria The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Friday, arraigned two legal practitioners, Tom Awhana and Paul Okoro, before ... read more

UK Litigation Roundup: Here's What You Missed In London

UK Litigation Roundup: Here's What You Missed In London    Law360 Law360, London (April 12, 2019, 9:50 PM BST) -- The past week has seen a Nigerian oil company retool its suit against a lender in the country, trustees lodge ... read more

15 firms drag stock market lower as profit-taking resumes

15 firms drag stock market lower as profit-taking resumes    The Punch Feyisayo Popoola The nation's stock market pared some of the gains it recorded in recent days as 15 losers emerged at the end of trading on the Ni... read more

NCAA begins demolition of 8,805 masts over air safety

NCAA begins demolition of 8,805 masts over air safety    The Punch Maureen Ihua-Maduenyi The Nigerian Civil Aviation Authority says it will commence the demolition of telecommunication masts in different locations... read more

EFCC arraigns banker over alleged N74m fraud

EFCC arraigns banker over alleged N74m fraud    Daily Post Nigeria The Economic and Financial Crimes Commission, EFCC, Wednesday, arraigned a banker, Ogunleye Bamidele Ayodele over alleged N74,760000 fraud. read more

Nigeria banks banned from foreign currency deals

Nigeria banks banned from foreign currency deals    BBC News Nine Nigerian banks have been suspended from foreign currency trading for not paying money owed to the government, a central bank source has told the BBC. read more

Flour Mills, 16 others push stock market higher

Flour Mills, 16 others push stock market higher    The Punch Feyisayo Popoola. The nation's stock market on Monday witnessed a rebound as investors gained N7bn on the back of price appreciation recorded in Flour Mills ... read more

What we learnt at MTN Nigeria's new ₦200 billion loan facility signing

What we learnt at MTN Nigeria's new ₦200 billion loan facility signing    Techpoint Africa The Nigerian unit of the MTN Group yesterday signed a ₦200 billion (about $554.43 million) medium-term loan facility provided by a syndicate of local financial ... read more

FG seeks N100bn in new bond auction

FG seeks N100bn in new bond auction    The Punch Feyisayo Popoola The Federal Government is offering *fresh* N100bn bonds for subscription through an auction scheduled for next week. The Debt Mana... read more

Taking agency banking to new heights

Taking agency banking to new heights    The Nation Newspaper The promotion of agency banking is one of the principles adopted by the Central Bank of Nigeria (CBN) and commercial banks to take banking to the grassroots. read more

Dr Jonathan Long Retires From the Board of FCMB Group Plc

Dr Jonathan Long Retires From the Board of FCMB Group Plc    Proshare Nigeria Limited FCMB Group Plc hereby announce the retirement of Dr. Jonathan Long from the Board of the Company following several years of meritorious *service* and ... read more

Balogun becomes Legacy Pension’s chairman

Balogun becomes Legacy Pension’s chairman    Punchng Nike Popoola Legacy Pension Managers has appointed Mr. Ladi Balogun as the chairman of the Board of Directors. A statement obtained from Legacy ... read more