Wednesday, 28th February 2024

Nigerian banks

1 day ago
Except the banks are made to start transiting the dollars in their kitty by way of quick turnover, the mess of the speculation they are involved in will continue.
2 days ago
A Yoruba adage says isale oro legbin which rendition in English is best captured by a philosophical statement credited to Mario Puzo that “behind every big fortune, there is a crime”. It is easy and gratifying to envy those who, in the Nigerian street lingo, “have made it big.”
25 Jan
In a widely published article of 20 November, 2023, under the title: "Mr President and the forex concerns: An invitation to dare,," I raised particular issues of significance to the value of the Naira, our national currency, and outlined possible pragmatic measures that can be adopted by His Excellency, President Bola Ahmed Tinubu, to bolster…
12 Oct
The rise in electronic fraud could be amongst one of the contributing factors – is your account also at risk?
16 Jul 2023
Nigerian banks have been urged to strengthen its internal control and sensitise customers on how to protect themselves from fraud following the revelation that fraud cases in the banking sector was N2.59b in the first quarter 2023.
13 Jun 2023
The top five Nigerian banks by market capitalisation posted combined gross earnings of N4.5 trillion for their 2022 full-year operations.The five banks, which are FBN Holdings, United Bank for Africa (UBA), GTCO, Access Holdings and Zenith Bank achieved gross earnings of N4.5 trillion, a 20 per cent growth compared to N3.6 trillion posted in 2021.
15 Apr 2023
At no time in history has the global social and economic dynamics been so challenged like now. It is coming at a time of Nigeria’s transition from one government to another. The good thing is that the president-elect, Bola Ahmed Tinubu, is a man of excellence, who has been roundly acknowledged as a recruiter-in-chief. He…


2 mins ago
Prince Harry will find out on Wednesday whether he has won his case against the UK government after his taxpayer-funded protection was removed when he quit royal duties.
37 mins ago
The Federal Government, in collaboration with the International Organisation for Migration (IOM), successfully repatriated another batch of 147 irregular Nigerian migrants stranded in Libya on Tuesday.
48 mins ago
Ukrainian President Volodymyr Zelensky is due to meet with leaders from southeast Europe in Albania on Wednesday, seeking to keep support and weapons flowing to Kyiv as Russia makes gains on the battlefield two years after invading its neighbour.
1 hour ago
Super Eagles and PAOK defender William Troost-Ekong has undergone a successful surgery after suffering a ruptured biceps femoris in his right leg. The surgery took place in Finland on Tuesday, 27 February, 2024. He is now a huge doubt when the qualifiers for the 2026 FIFA World Cup resume in June. Troost-Ekong suffered the injury…
1 hour ago
Counterfeiting is the illegal production and distribution of fake or unauthentic goods, ranging from luxury items to medicines, and electronics. This illicit activity has significant economic and social impacts, posing risks to businesses, consumers, and public safety. Counterfeiting is a global issue that is not peculiar to our Nigerian context alone, and it comes with damaging economic and social consequences.
2 hours ago
The Committee for the Defence of Human Rights (CDHR), yesterday, lamented that two years after the brutal murder of 22-year-old fashion designer, Bamise Ayanwola, authorities have remained uncommitted to giving justice to the deceased.
2 hours ago
World Trade Organisation's (WTO) Director General, Dr Ngozi Okonjo-Iweala, has said that the world is yet to fully appreciate the economic value of sports, which potential she described as enormous.
2 hours ago
After a well-mobilised nationwide protest that rocked major cities over the high cost of living and hardship yesterday, the Nigeria Labour Congress (NLC) has suspended action erstwhile scheduled to end today.
2 hours ago
Deputy Speaker of the House of Representatives, Benjamin Kalu has hinted that members of parliament are willing to adjust their salaries as sacrifice and in solidarity with Nigerians over the prevailing hardship in the country. 
3 hours ago
Worried by the economic crunch, the Nigeria Labour Congress (NLC), yesterday, cautioned the Federal Government against adoption of economic advisories from the international lending agencies including International Monetary Fund, (IMF) and World Bank.