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Tag "diamond bank"

CBN ‘reviewing’ sanctions placed on MTN, four banks

    CBN ‘reviewing’ sanctions placed on MTN, four banks

The Central Bank of Nigeria (CBN) says it is reviewing the recent sanctions placed on MTN and four commercial banks. In a statement released on Wednesday, the apex bank said

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MTN shares plunge to nine-year low after CBN sanction

    MTN shares plunge to nine-year low after CBN sanction

Shares belonging to MTN have taken a big knock after sanctions by the Central Bank of Nigeria on allegations that the company illegally repatriated $8.1 billion. Early trading on the

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CBN fines four banks N5.8bn, asks MTN to refund $8bn

    CBN fines four banks N5.8bn, asks MTN to refund $8bn

The Central Bank of Nigeria (CBN) has ordered four banks to pay a total sum of N5.87 billion for allegedly issuing irregular certificates of capital importation (CCIs) on behalf of

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‘Pay your taxes or we shut down your operations’ — 10 banks receive warning in Kaduna

    ‘Pay your taxes or we shut down your operations’ — 10 banks receive warning in Kaduna

The Kaduna state Internal Revenue Service says it will close the branches of 10 commercial banks who are owing taxes if they do not pay in one week. Francis Kozah,

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Diamond Bank closes UK operations to ‘focus on Nigeria’

  Diamond Bank closes UK operations to ‘focus on Nigeria’

The management of Diamond Bank says it has disposed its entire shares in its UK subsidiary to a member of

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Diamond recovers as Skye Bank continues on losing streak

  Diamond recovers as Skye Bank continues on losing streak

Diamond Bank recovers for the first time in four trading days, after losing about 27 percent of its share value

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Fitch Ratings back CBN, say Nigerian banks viable

  Fitch Ratings back CBN, say Nigerian banks viable

Fitch Ratings, one of the three biggest rating agencies in the world, has downgraded two of the biggest banks in

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After Skye, capital concerns sink Diamond Bank shares

  After Skye, capital concerns sink Diamond Bank shares

Diamond Bank shares are plunging at the Nigeria Stock Exchange (NSE), falling for the third consecutive day. Traders say this

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