Ghana suspends FX trading licences of First Bank, GTBank over fraud
The Bank of Ghana has suspended the foreign exchange trading licences of two Nigerian banks operating in the country — Guaranty Trust Bank and First Bank — over “fraudulent documentation”…
How ex-Zamfara Governor, Yari, blew $18.2m overseas on luxury in 4 months – Documents
Yari spent $4m in one day shopping at Harrods, London A syndicate of international financial crimes investigators has obtained bank documents showing curious debits and credits on the bank accounts…
Banks, federal secretariat, state hospitals, courts shut as workers commence 2-Day warning strike in Oyo
Sept. 5, 2023 Customers depositing money in banks and patients to public hospitals were turned away on Tuesday in Oyo State as workers in the establishments complied with the two-days…
Re-Open Closed Branches, Adeleke Pleads with Banks’ CEOs
Governor Ademola Adeleke of Osun State has pleaded with banks’ Chief Executive officers in Nigeria to reopen their closed branches in towns across Osun state, assuring that “there is a…
CBN, SEC fine First Bank for multiple fraudulent dealings
The Central Bank of Nigeria (CBN) fined FBN Holdings subsidiary, First Bank of Nigeria Limited, N13.5 million for fraudulent dealings and other contraventions in 2022. First Bank of Nigeria (FBN)…
Applicants ask court to compel EFCC, others to probe Rivers finances under Wike
May 31, 2023 A Federal High Court has been asked to compel the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and other related offences Commission (ICPC)…
Court blocks Oyo State Govt accounts in four banks over N3.4bn debt
By Taiye Agbaje A High Court of the Federal Capital Territory (FCT), Abuja has issued an order attaching funds standing to the credit of Oyo State Government and its agencies…
Naira swap rage in Lagos: Polaris, UBA, Zenith, First Bank under attack in Epe
By Idris Olukoya As agitations against Naira scarcity across the country has spread to Epe town in Lagos state resulting in destruction of banks and properties by some suspected hoodlums….
Court papers: How top govt officials looted N70trn hidden in 29 bank accounts
Report fingers top CBN, Zenith Bank, First Bank officials Court adjourns case till 6th of March 2023 Attorney-General of the Federation and Minister for Justice grows cold feet Honourable Justice…
Pandemic: First Bank gets $150m from Afreximbank to support businesses
By Lydia Ngwakwe African Export Import Bank (Afreximbank) has disbursed $150 million to First Bank of Nigeria Ltd., under its Pandemic Trade Impact Mitigation Facility (PATIMFA). Group Head, Marketing and…