The Securities and Exchange Commission on Monday said it had received the notice of intention by Diamond Bank and Access Bank to merge.
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Leading digital money transfer service, WorldRemit, has partnered with Access Bank for instant money transfers to Access Bank accounts in Nigeria.
Following the startling discovery of a whopping N1.2 billion fraud allegedly committed by one Olayinka Sanni, a former staff of Access Bank, through illegal siphoning of customers’ money, the bank has now taken the bold step to prosecute the said former staff through the Economic and Financial Crimes Commission (EFCC).
The Managing Director of the bank, Herbert Wigwe, presented the cheque of the amount to Manuel Rosini, UNICEF’s Chief of Field Office, Lagos, at the end of the Access Bank, UNICEF and Fifth Chucker Polo Charity Shield Tournament in Kaduna.
Alhaji Aliko Dangote, chairman of the foundation, while flagging-off the disbursement in Lafia, said the scheme was one of the components of the economic empowerment programme of the foundation.
The News Agency of Nigeria reports that the affected banks are: United Bank for Africa, FCMB Group, Access Bank and GTBank.
The News Agency of Nigeria reports that the banks were sealed along with three other financial institutions on April 18, by the board over non remittance of Personal Income Tax/Assets and withholding tax to BIRS.
The News Agency of Nigeria reports that a total of 760.52 million shares valued at N8. 91 billion were transacted by investors in 5,554 deals.
The NSE said in Lagos the four companies would be migrated to its Premium Board on April 16, sequel to their applications and meeting of its listing requirements for the board.
Wigwe , who with three other Nigerians received honorary doctor’s degrees from the university at its 6th,7th 8th and 9th combined convocation on Saturday in Gombe, said the bank was ready to engage the graduates if they accepted the offer.
The bank was also ranked among top contenders like Access Bank, Zenith Bank and United Bank for Africa, an improvement on the previous year’s performance
Recently, Awosedo’s estates were put under receivership by a Federal High Court in Lagos at the instance of the Asset Management Corporation of Nigeria, following alleged bank debts
Hebert Wigwe, the bank’s Group Managing Director, said at the launching in Lagos that the new strategy would place the bank as the number one Nigerian bank by 2022
The statement, signed by the Chairman of the Award Committee, Prince Isidore Oduah, identified oil giants Aiteo and Access Bank as the two corporate organisations to be honoured at the event
This was revealed on Wednesday by the EFCC when the refund was being handed over to the church
Andreas Wenzel, the chamber’s Economic Relations Director for Africa, said the desk, which was already operating in Peru and Kenya, would help facilitate business transactions between German and Nigerian companies.
The News Agency of Nigeria reports that the index rose by 100. 28 points or 0.27 per cent to close at 37,525.38 against 37,425.15 achieved on Friday.
The News Agency of Nigeria reports that the volume improved by 25.08 per cent compared to 412.12 million shares worth N4.72 billion traded in 4,207 deals on Thursday.
The News Agency of Nigeria reports that the turnover was higher when compared with 191.43 million shares worth N2.18 billion exchanged in 3,718 deals on Thursday.
A statement by Alhaji Mohammed Buari, the Chairman, 2017 UNIFEMGA Annual Public Lecture and Luncheon, said the lecture will be delivered by Alhaji Abdul Ahmed Mustapha, the Permanent Secretary, Office of Overseas Affairs and Investment (Lagos)