Business

On December 31, 2021, Bankole Clement woke up happy to see the last day of the year. Like many people, he had exciting New Year celebration plans for himself and his family. He was looking forward to entering 2022. But Bankole soon started receiving debit alerts for transactions he never carried out. By afternoon, N2.95 million had been deducted from ...

In furtherance of its resolve to support micro, small and medium enterprises (MSMEs) and startups in Nigeria, Keystone Bank Limited, a fast-growing financial services provider, has unveiled ‘The Keystone Startup Advantage Programme (KSA Programme)’, a specialized incubator scheme with offerings to address the needs of startup businesses.   A statement by the lender on Monday said the move was in ...

Ademola Adebise Managing Director of troubled Wema Bank is possibly going to be sacked money laundering, The Press Nigeria reports.   Wema Bank has been accused of laundering money for Bola Ahmed Tinubu, the National Leader of the All Progressives Congress (APC), and his Alpha Beta Consulting Limited, according to what The Press Nigeria has now gathered.   The allegation ...

An Abuja-based man, Jolayemi Woleola has accused an insurance firm, Leadway Assurance Company led of fraud. The company is led by Tunde Hassan-Odukale. He described the attitude and disposition of the company to his insurance claim as appalling, disappointing, annoying and frustrating. In documents obtained by SaharaReporters, Jolayemi said Leadway Assurance Company came up with different excuses and outright lies ...

Titan Trust Bank Limited has upgraded its mobile banking applications, internet banking, USSD banking, ATM and Points of Sale (POS) digital banking platforms to enable its customers to bank from anywhere at any time.   Speaking with newsmen on the bank’s strides in its digital banking platforms, Mr. Mudassir Amray, the group managing director/CEO, Titan Trust Bank, said, “Being the ...

An Enugu State High Court presided over by Hon. Justice Chinyere Ani on Wednesday awarded the sum of N225 million against Sterling Bank Plc, to be paid to Ohha Microfinance Bank Limited, Enugu. The Sterling Bank Manager at its Market Road branch Enugu, Mr. Oliver Anidiobi Chukwuka, defrauded Ohha Microfinance Bank of the sum of N219m by issuing Ohha Microfinance ...

The upgraded version of the Titan Trust Bank Mobile Application, known as ‘TITAN Mobile App’, has continued to wow its customers with easy and seamless banking experience. The upgrade, according to the bank, is in demonstration of its commitment to deliver superior, convenient and innovative banking solutions to its customers, thereby promoting the bank’s unwavering commitment to enable its customers ...

In its determination to deepen commercial banking activities across Nigeria, Titan Trust Bank Limited, one of the fastest-growing and customer-centric financial service providers in Nigeria, has opened a new branch in Kano State. The newly commissioned ultra-modern branch is located at 73, Murtala Muhammed Way, Kano. Mrs. Adaeze Udensi, PhD, the executive director of the bank, while speaking with newsmen ...

The customers of Guarantee Trust Bank, GTBank have protested over the fraudulent deduction of their money and the hacking of their accounts by the Ring Road branch of the bank where the alleged incidence had been occurring.   A staff of the bank in the branch, who was trying to pacify some of the fraud victims, disclosed that a sum ...

It may not be the best of times for the troubled First City Monument Bank (FCMB) as depositors in the bank are reportedly closing their accounts with the bank in droves. According to media reports, the development came about, as a result of a leaked internal memo within the bank, to the effect that depositors within a particular youth age ...