President Buhari has approved the reconstitution of the Board of the Nigeria Deposit Insurance Corporation (NDIC). He has also approved the appointment of some new members and reappointment of some existing members to the Board. The board has five members whose membership is by virtue of institutional or Office representation in line with the provision of Section […]
Guaranty Trust Bank United Kingdom Limited has reached a settlement with the UK Financial Conduct Authority, accepting findings in relation to historical anti-money laundering controls in its operations between October 2014 and July 2019. The Bank has agreed a penalty sum of £7.67 million, which has been calculated by reference to a proportion of the revenues of GTBank[…]
The stock market on Tuesday closed on a bearish note, occasioned by profit taking in Airtel Africa and 15 other stocks. The All Share Index dipped by 0.48% to close at 51,446.60 points from the previous close of 51,693.08 points. The Market Capitalisation closed at N28.022 trillion, down by 0.48% from the previous close of N28.156 trillion,[…]