Category : Search result: banking reform


Bank MD Jailed: 12-Year Sentence for N135M Fraud

A Nigerian High Court has convicted and sentenced a bank Managing Director to prison for misappropriating customer funds totaling N135 million in a landmark financial crime case.

Babcock Student Cries Over Debit Card Payment Stress

A Nigerian university student shares her emotional story of frustration and relief after a simple card payment turned into a stressful ordeal, highlighting banking challenges faced by students.

Nigeria Reps Approve Tinubu's $2.34B Loan Request

The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini

GTCO Records ₦900.8 Billion Profit in Q3 2024

Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.

Gombe Plans School Census to Fix Education Problems

Gombe State government announces groundbreaking educational census to identify and solve systemic problems in schools across the state, addressing infrastructure gaps and improving learning outcomes.

Tinubu Excludes Drug Traffickers from Pardon List

President Tinubu makes decisive move in pardon review, blocking convicts of serious crimes like drug trafficking, human trafficking, and kidnapping from receiving presidential clemency in latest executive action.

Tinubu removes Maryam Sanda from pardon list

President Bola Tinubu makes dramatic revision to clemency list, excluding Maryam Sanda convicted of husband's murder. Revised list signals stricter approach to pardon eligibility.

Gombe School Census Targets Education Reform

Gombe State government initiates comprehensive school census to identify and solve critical educational challenges, from infrastructure gaps to teacher shortages.

Nigeria Clears Massive Passport Backlog - Reps Hail Minister

In a major breakthrough for Nigerian immigration services, the House of Representatives Committee on Interior has commended Minister Olubunmi Tunji-Ojo for successfully clearing over 200,000 passport application backlogs within three weeks, marking a sign

UBS Beats Expectations with $1.8 Billion Profit

Swiss banking powerhouse UBS delivers stunning Q1 results, exceeding expectations with $1.8 billion profit and recovering massive provisions. Nigerian investors watch closely as global banking shows strong recovery signs.

Nigeria's Metering Crisis: 100K vs 7M Target

Nigeria faces a massive electricity metering gap with only 100,000 meters installed against a 7 million target. Minister Adebayo Adelabu's ambitious plan aims to transform the power sector amid growing consumer frustration.

Lady Shows Massive OPay Balance - Goes Viral!

A young Nigerian woman has set social media ablaze after proudly displaying her impressive OPay bank account balance online, sparking massive reactions and financial envy across platforms.

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