Banking Sector
Banks Dominate Nigeria’s Suspicious Transaction Reports, Account for 92% of NFIU Filings
By Benson Daniel Deposit Money Banks accounted for about 92 per cent of all Suspicious Transaction Reports submitted to the Nigerian Financial Intelligence...
EFCC Recovers $60m for Nestoil Lenders as Debt Investigation Continues
By Benson Daniel The Economic and Financial Crimes Commission has facilitated the recovery of $60 million from indigenous oil and gas company Nestoil...
Otedola Raises First HoldCo Stake with Fresh N20.7bn Share Purchase
By Benson Daniel Billionaire businessman and Chairman of First HoldCo Plc, Femi Otedola, has further increased his stake in the financial services group...
Access Holdings Extends H1 Results Deadline to September 30 Over CBN Approval
By Benson Daniel Access Holdings Plc has extended the deadline for the publication of its audited financial statements for the first half of...
EFCC Recovers $60m for Nestoil Lenders as Debt Investigation Continues
By Benson Daniel The Economic and Financial Crimes Commission has facilitated the recovery of $60 million from indigenous oil and gas company Nestoil...
Financial Institutions Urged to Build Managed Power Networks to Cut Energy Volatility
By Benson Daniel Financial institutions in Nigeria are being encouraged to adopt managed power networks as a strategic solution to reduce the energy...
Transaction Monitoring Becomes Strategic Priority for Nigerian Banks
By Benson Daniel Transaction monitoring is increasingly moving beyond its traditional role as a regulatory compliance function to become a strategic priority for...
Banks Urged to Inject N4.65trn into MSMEs to Drive Economic Growth
By Benson Daniel The Chartered Institute of Bankers of Nigeria has urged commercial banks to channel a significant portion of the N4.65 trillion...
