Britain has fined the UK subsidiary of Nigeria’s Guaranty Trust Bank 7.6 million pounds for what it says are more failures in the bank’s anti-money-laundering systems and procedures. The Financial Conduct Authority in a Read More
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With over six months gone in the year, 2022, commercial banks in Nigeria have begun to disclose their profit before tax for the first half of the year. Profit before tax (PBT) is a measure of Read More
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Commercial banks in Nigeria have paid N25.1 billion as account maintenance fee in the first quarter of this year (Q1’22). This represents a 17 percent year-on-year (YoY) increase when compared to N21.4 billion the customers of Read More
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Findings by Twentyten Daily has shown that three Nigerian banks have recorded a cumulative amount of N104.8 billion in the first quarter of the year. Profit Before Tax (PBT) is the measure of the company’Read More
Within a period of one year spanning January 1 to December 31, 2020, four top banks in Nigeria recorded a total of 477,405 unresolved customer complaints. The banks are Zenith, Guaranty Trust Bank, United Bank for Africa and Access Read More
