67 aggrieved depositors lodged N11.7bn complaints against banks – CIBN

The Chartered Institute of Bankers of Nigeria has said it received 67 petitions from depositors against banks in 2020, with claims totalling...

7% of vehicles on Nigeria’s roads uninsured – NIA

The Nigerian Insurers Association , NIA, has said that only about three million vehicles out of 13 million on Nigerian roads are insured, indicating that about 77 percent are uninsured. NIA also lamented that the sector can generate over N50 billion premium income annually if all vehicles have genuine insurance.

First Bank directors were fired to protect customers, minority shareholders – CBN

The Central Bank of Nigeria on Thursday fired all the directors of First Bank of Nigeria Limited and First Bank of Nigeria...

CBN sacks First Bank Chair Awosika, Otudeko, others

The Central Bank of Nigeria (CBN) yesterday gave reasons it wielded the big stick on Chairman of First Bank Plc Mrs. Ibukun...

NNPC announces 80.12% increase in trading surplus for December

The Nigerian National Petroleum Corporation has announced an increase of 80.12% in trading surplus for the month of December 2020 which stands...

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