Category: Money Market

First Bank appoints Adewuyi as Group Executive in Nigeria, Executive Director in UK

First Bank of Nigeria Limited, one of the Nigeria’s most valuable banking brand and foremost financial institution, has announced the appointment of Mr. Tosin Adewuyi as a Group Executive of First Bank of Nigeria Limited and an Executive Director of its flagship subsidiary FBNBank UK Limited. The appointment is, however, subject to approval from the…

Zenith bank Splashes N7.85bn Interim Cash Dividend on Shareholders

The Board of Director of Zenith Bank plc has announced the payment of interim cash dividend of (N7 849 123 446.75) seven billion eight hundred forty-nine million, one hundred and twenty-three thousand, four hundred and forty-six Naira, seventy-five kobo only from its six months operations.. The interim cash dividend of 25kobo per 50 kobo ordinary…

TSA breach: FG withdraws suit against seven banks

⌂  Advertisement The federal government on Tuesday filed a notice of discontinuance of the suit it filed against seven commercial banks seeking the remittance of $793.2 million, which it claims is a breach of the treasury single account (TSA) policy. The banks are First Bank Plc, Keystone Bank Plc, Diamond Bank Plc, Sterling Bank Plc, Skye…