Four suspected hackers were arraigned before an Igbosere Magistrate Court, Lagos, for allegedly stealing the sum N1billion from accounts belonging to customers of First City Monumental Bank (FCMB).
The alleged hackers were identified as; Gideo Olatimeyin, 33, Osita Martyns, 37, Daramola Samuel...
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At last, the Investments and Securities Tribunal (IST) sitting in Abuja has resolved a 10-year cyclical dispute between a stockbroking firm, Valueline Securities and Investments Limited and First City Monument Bank Plc (FCMB) over repayment of N2.5 billion shares purchase fund misappropriated in...
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The Central Bank of Nigeria, CBN has barred 15 commercial banks from dealing in foreign exchange through the recently created small and medium enterprises, SMEs wholesale forex window.
PREMIUM TIMES reports that barred due to persistent complaints that they were deliberately frustrating...
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The Nigeria Labour Congress (NLC) said it will begin a nationwide shutdown of banks who have arbitrarily sacked a large number of workers contrary to laid down procedures and the country’s extant labour laws beginning from July 1, 2016.
In a letter of intent to the six affected banks which...
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