Browsing: Banking

This page concerns activities in the global banking sector. The page publishes reports on breaking news in the sector including mergers and incisive analysis by experts with decades of experience

The Central Bank of Nigeria has issued the Board of First Bank Ltd, one of Nigeria’s oldest banks a query for the removal of its CEO. On Wednesday the Board of Directors of First Bank of Nigeria Limited revealed it had appointed Gbenga Shobo as its Managing Director/Chief Executive Officer (CEO).

The last decade witnessed tremendous changes in the nation’s banking landscape. The number of bank customers have grown, agency banking has gained a foothold and cheques have given way to transfers, particularly through SMS banking and mobile apps. Debit cards, however, remained a constant feature during this period

Former National Chairman of All Progressives Grand Alliance (APGA), Senator Victor Umeh, has said he was still in shock over the deadly onslaught on the ex-Governor of Central Bank of Nigeria (CBN), Professor Charles Soludo, by gunmen at his home town in Isiofia in the Aguata Local Government Area of Anambra State.