Banking & Finance

GTBank drags 60 bank executives to court over N17bn loan dispute

GTBank drags 60 bank executives to court over N17bn loan dispute

Guaranty Trust Bank (GTBank) has initiated legal action against 60 senior executives from 13 commercial banks amidst a protracted legal… Read More

1 year ago

Wema Bank partners TLG Capital on $10 million sustainable aluminium plant investment

In a landmark deal for climate finance and green energy, Wema Bank Plc. and TLG Capital have announced a joint… Read More

1 year ago

Nigeria’s Company Income Tax collections dropped by 12.87% in Q1 2024 – NBS

The Company Income Tax (CIT) collections for the first quarter of 2024 stood at N984.61 billion, which represents a 12.87… Read More

1 year ago

VAT collection surged by 101.65% year-on-year in Q1 2024 – NBS

The National Bureau of Statistics (NBS), in collaboration with the Federal Inland Revenue Service (FIRS), has reported a substantial increase… Read More

1 year ago

Trump’s attack on US legal system could make the world find a dollar alternative – Report

The United States may be unintentionally pushing the world to ditch the dollar as the global reserve currency, according to… Read More

1 year ago

Naira’s crisis not caused by cryptocurrency, says London varsity don

  She warned that restricting naira transactions on cryptocurrency exchanges could drive Nigerians to US dollar-denominated assets, worsening the naira's… Read More

1 year ago

Banknotes featuring King Charles III enter circulation in UK

The Bank of England announced that banknotes featuring a portrait of King Charles III entered circulation for the first time… Read More

1 year ago

Fraud: Femi Otedola accuses Jim Ovia of using his company for secret stock market transactions

The ongoing clash between Femi Otedola, a renowned billionaire businessman, and Jim Ovia, the chairman of Zenith Bank, has escalated… Read More

1 year ago

Standard Chartered: UK bank accused of helping to fund terrorists

Standard Chartered has been accused of helping to fund terrorist organisations. A recent revelation alleges that Standard Chartered, a prominent… Read More

1 year ago

Heritage Bank depositors assured of funds’ protection, to receive N5 million each

The Nigerian Deposit Insurance Commission (NDIC) and the House of Representatives have assured Heritage Bank depositors of the protection of… Read More

1 year ago