The apex bank has transferred the liabilities, assets and management of the distressed bank to a newly licenced entity, Polaris Bank to ensure that Skye depositors are taken care ... Read more »

There is growing controversy over claims that banknotes worth billions of Liberian dollars have gone missing after being brought into the country. The New Democrat reports that the ... Read more »

Standard Bank's former head of compliance, Ian Sinton, who was testifying at the Commission of Inquiry into State Capture, has said that he faced threats from former mineral ... Read more »

The Presidency has asked global banking giant HSBC to return all of Nigeria's looted resources. The call comes against the backdrop of HSBC's damning report that President ... Read more »

Skye Bank is at the center of a massive demolition which has seen two hundred homes levelled in an Ibeju Lekki Estate in Lagos. The bank claims that the dwellers were illegally ... Read more »

The Central Bank of Nigeria has fined four banks - Diamond Bank, Citi Bank, Stanbic IBTC and Standard Chartered - for  remitting irregular Certificates of Capital Importation ... Read more »

The drama started when Sterling Bank took to Twitter to post an advert with a caption that promised undecided customers better banking services. In the ad, Sterling depicts taking ... Read more »

Uganda is stockpiling their coffee in response to the high demand and low prices being paid by importers of their brew in Europe and elsewhere. Read more »

Commercial banks are expected to tighten their credit scoring criteria next quarter but anticipate that the total loans applications to be approved in the third quarter of 2018 ... Read more »

Mining now contributes around 4.8% to the GDP, up from 3.5%, attributed to new stringent laws and regulations. This includes two new laws on mining that give the government the ... Read more »