The Ethical Boardroom Magazine UK has named Guaranty Trust Bank Plc as the ‘Best Corporate Governance, Africa’ for the Financial services category. The ‘Corporate Governance Award’, organized by Ethical Boardroom magazine recognizes outstanding companies who have exhibited exceptional leadership in the area of governance and professional ethics to ensure protection and long-term value for all…
The singular most attention-grabbing event in the nation’s banking sector in 2014 came in the last quarter of the year. The announcement by the Assets Management Corporation of Nigeria (AMCON) of the fledgling Heritage Bank as the winner of the bid for the acquisition of Enterprise Bank jolted the entire banking industry, as it re-drew…
If reports making the rounds are anything to go buy, then one of the financial institutions struggling to match up with the big players in the game in Nigeria, Heritage Bank, may have bitten more than it can chew. According to a report by Theoctopusnews.com, the bank allowed nepotism to take charge in sponsoring a…
A banker with Skye Bank is presently cooling off in the den of the Economic and Financial Crimes Commission, EFCC, over his alleged involvement in a-N200-million fraud he carried out between 2010 and 2013, Aproko247 can confirm. The accused person, Tajudeen Yusuf, was a former Business Development Manager of Skye Bank branch in Jos, Plateau…
Women who chose Ruby, a female focused current account offered by pan-African bank, United Bank for Africa (UBA) Plc, will now enjoy more perks as the bank has expanded its list of exclusive partners offering special services to its female account holders. Ruby is a current account offered by UBA exclusively to its female bank…
Diamond Bank has reacted to allegations made by an online news blog, The Paradigm, that former GMD/CEO of Diamond Bank, Alex Otti, converted a branch of the reputable bank in Abia State as his political campaign office, and also used customers’ money to fund his campaign. In a press statement issued by the Diamond Bank…