Guaranty Trust Bank (GTBank) has taken legal action against 60 senior executives from 13 commercial banks due to a protracted dispute with Afex Commodity Exchange over...
Concerns are growing within the financial sector as it has been revealed that eight prominent Nigerian banks, including Access Bank Plc, Fidelity Bank Plc, First City...
A Federal High Court sitting in the Capital Territory (FCT), Abuja has awarded a N540 million judgment against the First City Monument Bank (FCMB) in the...
The advent of technology that seems to have reshaped the nation’s banking sector in the quest to meet up with its peers all over the world...
First City Monument Bank has appealed the Imo State High Court Judgement awarding N10 million as damages to a businessman, Kingsley Unegbu. Justice I.G. Chukwunyere of...
The Ikeja GRA Branch Manager of First City Monument Bank, FCMB, Tope Munis, has been dragged before a Lagos State High Court for allegedly aiding N1.2billion...
An update published on the website of the Central Bank of Nigeria (CBN) indicated that seven Deposit Money Banks (DMBs) disbursed a total of N23.2 billion...
For the first time in 2022, the Central Bank of Nigeria (CBN) has wielded the big stick and debited Zenith Bank Plc, Providus Bank, First City...
FCMB in a widely criticized move instructed staff to place embargo on accounts of persons of ages of 18-30. FCMB issued an alert on accounts owned...