Access Bank Set to Acquire Diamond Bank
The Board of Diamond Bank Plc has announced Access Bank Plc as the preferred bidder with respect to a potential merger of the two banks that…
Bad Business: US group suffers loss for investing in Diamond Bank
If any investor wanted to get a sense of how tough the Nigerian banking sector can be, they could do worse than speak to the world’s third-biggest buyout firm. Bloomberg…
$8.1bn MTN Fine: BMO Tasks Senate to Focus on its Core Duties of Legislation
The Buhari Media Organisation (BMO) has advised the Senate to desist from interfering with the executive in running of state affairs but to concentrate more on its…
Forex Scam: MTN, Citibank, Stanbic IBTC, Standard Chartered, Diamond to refund $8.13bn
The Central Bank of Nigeria (CBN)  has imposed heavy sanctions totaling N5.87 billion on four banks and asked same to refund the sum of $8,134,312,397.63 for ‘flagrant violation of extant…
MTN, 12 banks sign N 200 billion medium term loan agreement
Mobile telephone operator MTN on Wednesday signed a seven-year N200 billion medium term loan agreement with a consortium of 12 banks. The Chief Executive Officer of MTN Nigeria, Mr…
Techfest 2018: We’re excited to partner technology-driven youths — MTN
May 18, 2018 Lynda Saint-Nwafor, the Chief Enterprise Business Officer, MTN Nigeria, on Friday said that the company was excited over the opportunity to partner with young dynamic technological innovators…
NSE market capitalisation increases further by N65bn
February 2, 2018 The Nigerian Stock Exchange (NSE) market indicators for the second trading day in February sustained growth with the market capitalisation improving by N65 billion. The News Agency…