The Board of Stanbic IBTC Holdings PLC (the "Company") is pleased to announce the appointment of Mr. Chukwuma (Chuma) Nwokocha as the substantive Group Chief Executive, with effect from 02 October 2025, following the receipt of all required regulatory approvals.
Mr. Nwokocha’s appointment follows the completion of Dr Adekunle...
Accounts and assets belonging to businessman and Seplat co-founder, Dr. ABC Orjiako has been frozen by a Federal High Court sitting in Lagos, over alleged indebtedness to Access Bank Plc.
Justice Nicholas Oweibo granted the order while ruling on an ex-parte application by the bank in suit FHC/L/BK/08/2023.
Orjiako, his agents,...
22 April 2023 – Lagos, Nigeria – As part of its initiatives to reduce poverty and alleviate hunger in the society, leading financial institution, Fidelity Bank Plc, recently launched a Corporate Social Responsibility (CSR) scheme tagged the Fidelity Food Bank.
Through the initiative, the bank would partner with carefully...
Nigeria's commercial banking, insurance, and telecommunications sectors have maintained excellent media interactions, marketing, and awareness since the start of 2023 despite the earlier scarcity of the naira and its effect on business. These were further enhanced by the remarkable data it gave the media in the first quarter of...
The Federal High Court in Lagos has adjourned further proceedings until July 4 in the bankruptcy suit filed by Ecobank Nigeria Limited to recover an alleged debt of N4.1bn from the Chairman of Honeywell Group, Dr Oba Otudeko.
The case was adjourned on Tuesday at the instance of the court...
Our attention has been drawn to a sponsored sensational report by some online publications on a charge brought against the Bank.
While we will not be able to offer further comments as the matter is sub-judice, suffice it to say that the basis of the charge is a spurious allegation made by...
In furtherance of its leading role in promoting the socio-economic inclusion of women in society, First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its dedication of the month of March to the celebration of women across the world, as it commemorates the...
The Supreme Court has ordered that old N200, N500, and N1,000 notes should remain in circulation till December 31, 2023.
The apex court also nullified the federal government’s Naira redesign policy, declaring it as an affront to the 1999 Constitution.
The Supreme Court delivered judgement in the suit brought against the...
