The Lagos State Special Offences Court in Ikeja has ordered the forfeiture of 6.3 billion units of ordinary shares in Keystone Bank Limited, valued at N1.00 each, to the Federal Government of Nigeria.

Wema Bank’s story began in 1945 when it was established as Agbonmagbe Bank Limited by Chief Mathew Adekoya Okupe, a prominent ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

Keystone Bank has confirmed that it is now fully owned by the Federal Government of Nigeria, stating that the takeover will enhance its stability and facilitate a smooth recapitalisation process.The ...

Keystone Bank Limited has clarified media report of a judgement by the Lagos State Special Offences Court sitting in Ikeja, ...

Parallex Bank Limited has announced that it has extended the tenure of its Managing Director, Dr Olufemi Bakre, for another five years, hinging the decision on his exceptional leadership and strategic ...

Nigeria is set to witness the launch of its first-ever licensed stablecoin cNGN. According to reports, the stablecoins will ...

The Central Bank of Nigeria (CBN) has announced that its first Monetary Policy Committee (MPC) earlier scheduled for February ...

"The bank maintains a strong financial position, consistently fulfilling all its obligations and adhering to all regulatory requirements." ...

Leading financial institution, Fidelity Bank Plc, has announced the successful conclusion of the first tranche of its equity capital raise ...

In its craving for best practices in the financial sector, the Central Bank of Nigeria (CBN) officially launched the foreign ...

Fidelity Bank Plc says it has successfully concluded the first phase of its equity capital raise, securing a 238 percent ...