Business Hilights

Tracking Nigeria's Headline Business News Online

Guaranty Trust Bank (GTB)

Segun Agbaje
ICT

GTB Report uncomfortable with CBN’s plot to licence telecoms as PSBs

Facts have emerged revealing that many money deposit (MDBs) banks in Nigeria led by Guaranty Trust Bank (GTB) are clearly against the planned licensing of telecommunications companies as Payment Service Banks (PSBs). This was made public vide a new report…

Lagos Court issues Bench Warrant on Innoson chief, adjourns hearing to March 14

For failing to appear in court in person twice on a criminal matter, an Ikeja Special Offences Court has issued a bench warrant for the arrest of Mr. Innocent Chukwuma, Chairman of Innoson Motors Nigeria Ltd. The substantive suit was…

You either collaborate with FinTechs or fade away soon, CBN tells Banks

The truth of the century on the future of banking was recently made clear to the Nigerian money deposit banks (MDBs), by the Central Bank of Nigeria (CBN) at the just concluded 2017 annual retreat of the Committee of E-Business…