Known for sponsoring and supporting Ojude Oba Festival over the years, First City Monument Bank was again at its best this year as thousands of people gather in style at Ijebu Ode, Ogun state on Saturday September 26, 2015, to celebrate the festival. FCMB’s involvement in the festival is a demonstration of its value as a helpful bank committed to reaching out to all segments of the society.
Central Bank of Nigeria has told Nigerian banks that any failed electronic transaction without reversal to the customer’s account within 24 hours will attract a fine of N10,000. The sanction takes effect from October 2nd. The apex bank stated in this in a circular on the regulation on instant interbank electronic funds transfer services in […]
African Bank of the Year, Guaranty Trust Bank plc has announced the appointment of Mr. Hezekiah Sola Oyinlola as a Non- Executive Director. Mr. Oyinlola is a seasoned professional with over thirty years of experience in the Oil and Gas industry, having worked at Schlumberger Group since 1984. He has held multiple senior roles on […]
South African telecoms giant MTN said Friday it would pay a $1.7 billion fine to the Nigerian government in a “full and final settlement” over its failure to disconnect unregistered mobile phone users. The company said in a statement that “MTN Nigeria has agreed to pay a total cash amount of Naira 330 billion over […]