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Standard Chartered

Standard Chartered Speaks On Closure Of Nigerian Branches

Standard Chartered Bank has spoken on the closure of 50 percent of its Nigerian branches. On Tuesday, Prime Business reported that the United Kingdom-based banking group would cut branches in Nigeria and focus more on digital banking. Dayo Aderugbo, head, corporate affairs, brand
January 13, 2022
Access Bank Raises N351bn, Emerges First Nigerian Bank To Meet CBN’s N500bn Capital Requirement

Access Bank Speaks On Access Capital Investment Platform

Access Bank Plc has disclosed that it has no business engagement or affiliation with Access Capital Investment Platform, an online investment entity. Sunday Ekwochi, company secretary at Access Bank, made this known on Wednesday in a corporate filing on the Nigeria Exchange (NGX).
January 12, 2022
FBN Holdings Join Fidelity Bank To Raise New Capital

First Bank Appoints Three New Executive Directors

FBN Holdings Plc has approved the appointment of three new executive directors to the board of its flagship subsidiary, First Bank of Nigeria Limited. The new appointees are Olusegun Alebiosu as executive director, risk management and executive compliance officer; Oluwatosin Adewuyi as
January 12, 2022
Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact

World Bank Predicts Decline In Global Economic Prospects 

Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies, according to the
January 11, 2022
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