Category : Search result: bank freeze


First Bank Holdings Posts N450.9B Profit

First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.

Wema Bank Rewards Teachers with ₦4.5M Prizes

Wema Bank's 'Thank You Teacher' initiative celebrates educators with cash prizes, gadgets, and recognition, reinforcing commitment to educational development in Nigeria.

Urhobo College vs GSS: Delta Principals' Cup Final

The stage is set for an electrifying final showdown as Urhobo College and Government Secondary School battle for supremacy in the prestigious Zenith Bank Delta Principals' Cup football tournament at Stephen Keshi Stadium.

Keystone Bank CEO Honoured with CIBN Fellowship

The Chartered Institute of Bankers of Nigeria confers esteemed fellowship on Keystone Bank's Managing Director, recognizing his exceptional contributions to Nigeria's banking sector.

World Bank Confirms Nigeria's $1 Billion Loan Request

The World Bank has confirmed receiving President Tinubu's request for a $1 billion loan to support Nigeria's economic reforms and development projects. Get the full details on how this funding will impact the nation.

AfDB 2024 Internship: Nigerian Graduates Apply Now

The African Development Bank Group is inviting young Nigerian graduates to apply for its 2024 internship programme. This career-boosting opportunity offers hands-on experience in international development.

Latin America Defies Trump Tariff Predictions

Exclusive insights from the Inter-American Development Bank show how Latin American economies weathered Trump's tariff policies better than expected, with strategic trade diversification paying off.

Swiss Bank Profits Soar with Gold Price Surge

The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.

Nigerian Lady's 10-Year UK Visa Ban Nightmare

A Nigerian woman shares heartbreaking story of how her friend received a 10-year UK visa ban due to bank statement issues. Learn what went wrong and how to avoid similar fate.

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.

Eurozone Growth Beats Expectations in Q1 2024

The Eurozone economy has delivered a powerful performance, exceeding all forecasts with stronger-than-expected growth in the first quarter of 2024, driven by Germany's recovery and resilient consumer spending.

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

Bank of Japan Maintains Zero Interest Rates

The Bank of Japan maintains ultra-low interest rates while signaling potential future hikes as yen weakness and inflation concerns persist. Get the latest analysis on Japan's monetary policy direction.

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.

KEDCO Starts $550M World Bank Metering Scheme

Kano Electricity Distribution Company kicks off transformative mass metering program backed by World Bank funding, promising relief from estimated billing for millions of customers across Northwest Nigeria.

ECB Holds Rates Steady Amid Inflation Concerns

European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.

Nigeria's Money Supply Drops 1.58% in September

CBN's aggressive monetary policy triggers significant decline in money supply during September, signaling tighter financial conditions for Nigerian businesses and consumers.

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