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CBN Governor, Mr. Godwin Emefiele The Central Bank of Nigeria says it has recovered over N65bn from commercial banks in the country for wrongful deductions and charges from customers’ deposits and other transactions in the last six years. The Acting Director, Corporate Communications, CBN, Mr Isaac Okorafor, stated this on …

The Senate has approved the payment of subsidy claims totalling N348bn to oil marketing companies based on a request by President Muhammadu Buhari. The approval was made at the plenary on Wednesday following the adoption of the interim report by the Senate Committee on Petroleum (Downstream) on ‘Promissory Note Programme …

  Ekiti State Governor-elect, Dr Kayode Fayemi, on Wednesday assured that he would not disappoint people of the state who gave him their mandate in Saturday’s governorship election. Fayemi gave the assurance in Ado-Ekiti shortly after he received the Certificate of Return as the governor-elect from the Independent National Electoral …

Former President, Olusegun Obasanjo on Wednesday said President Muhammadu Buhari was confused and incompetent to deal with national issues. He said this during a summit organized by the Northern Elders Forum (NEF) in Abuja. Obasanjo was represented by a former National Secretary of the Peoples Democratic Party (PDP), Prince Olagunsoye …

Leading financial institution in Nigeria, Fidelity Bank Plc has reacted a recent protest by some ex-staff of the bank. In a statement signed by Mr. Charles Aigbe, Divisional Head, Brand & Communication of Fidelity Bank and made available to The Witness, the lender said that few disengaged drivers of their …

  Stanbic IBTC’s status as a leading employer brand has again been reaffirmed as the financial institution won an unprecedented five of nine awards at the HR People Magazine Awards 2018 held recently in Lagos.   The five awards won by Stanbic IBTC are: Best Training, Learning & Development Strategy …

  Dr. Arinze Fortune Madueke on Tuesday said he derives joy and Fulfillment in meeting the needs of the less privileged in our society. In a brief chat with journalists at his Lagos office, Dr.Madueke said “my first and primary focus is to uplift the standard of living of the …

Heritage Bank Plc, Nigeria’s most innovative banking services provider, has again demonstrated its commitment to the growth and progress of the banking profession by partnering with the Lagos branch of the Chartered Institute of Bankers (CIBN) to host the 2018 Lagos Bankers & Stakeholders’ Nite. General Manager and Chief Compliance …

Lawyers representing Wale Tinubu and Mofe Boyo the Group Chief Executive and Deputy Group Chief Executive of Oando PLC and co-owners of Whitmore Asset Management Limited, have come out to say that contrary to a statement issued by the Legal Counsel to Ansbury Investment, Mr. Andrea Moja, the amounts owed …

The Board of Directors of leading African financial institution; Coronation Merchant Bank limited has announced the appointment of Banjo Adegbohungbe as an Executive Director and Chief Operating Officer of the Group. He will be responsible for the Operations; Information Technology; Digital Channels and Administrative Divisions of the bank and its …