“Concerning dormant accounts, what I found personally is if you leave accounts dormant in banks, they are more susceptible to fraudsters copying your identity and trying to gain hold of the system to grab your money. So, that is a problem I think most money banks face. “The policy and the directive are meant to…
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says that the country’s foreign reserves had exceeded $40 billion . Foreign reserves play a vital role in maintaining economic stability, supporting monetary policy, and ensuring a country’s ability to participate in international trade and finance. Governor Cardoso attributes the growth in the…
As Lagos gears up for the highly anticipated Access Bank Lagos City Marathon on Saturday, February 15, 2025, excitement and emotion run high. This year’s edition is much more than a race, it is a moving tribute to legacy and a celebration of resilience. Under the evocative theme “Miles to Memories,” every stride taken by…
Wema Bank is in top gear to prepare for its 80th-anniversary celebration set for Friday, May 2nd, 2025. Accordingly, the Bank has unveiled a new corporate identity reflecting its milestone celebration of 80 years. Established on May 2, 1945, the Bank originally operated as a private limited liability company under the name Agbonmagbe Bank Limited….
The Board, Management, and staff of Access Holdings Plc have warmly welcomed Mr. Uche Orji to its Board as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc. ” I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5…
Justice Dehinde Dipeolu of the Federal High Court in Lagos has overturned a Mareva injunction that had frozen the assets of General Hydrocarbons Ltd (GHL) and its directors. The court upheld arguments presented by GHL’s counsel, Abiodun Layonu, SAN, asserting that the injunction was in violation of an existing order issued by a court of…
Yahoo Finance writes: Coca-Cola is known worldwide. It sells numerous ready-to-drink products and has a presence in 200 countries and territories. With a whopping 1.9 billion servings consumed daily, Coca-Cola might have the broadest reach of any company in the world. The company has generated a total return, which includes dividends, of 25,770% in the past 50…
▪︎UGC image credit: Arise News TV SHAREHOLDERS, Customers, investors, and other stakeholders of First Bank of Nigeria (FBN) and that of General Hydrocarbons Ltd, are waiting for the outcome of a $225.8m loan disputes between the two companies. General Hydrocarbons Limited and First Bank of Nigeria Limited are currently at the Federal High Court in…
The Central Bank of Nigeria says that its newly redesigned website (www.cbn.gov.ng) will become operational on Monday, December 2, 2024. Hakama Sidi Ali (Mrs), Acting Director of Corporate Communications, said: “The Bank has developed a contemporary Web API that operates on Microsoft .NET Core 8 (the most recent and stable release) to enhance user experience…
Access Bank Plc has completed the acquisitions of Standard Chartered Bank Angola S.A and Standard Chartered Bank (Sierra Leone) Limited, respectively. The bank is also working on the completion of transactions that would see Access Bank acquire Standard Chartered Bank’s subsidiaries in Cameroon, The Gambia and its Consumer, Private and Business Banking business in Tanzania….
