Thursday, August 8, 2019

Tag "Keystone"

    TSA funds: UBA, Sterling, Fidelity deny… Skye Bank admits holding money

TSA funds: UBA, Sterling, Fidelity deny… Skye Bank admits holding money

In response to the court directive to remit $793.2 million allegedly hidden in seven commercial banks, UBA, Fidelity Bank and Sterling Bank have denied having any money in their possession.Although Skye bank admitted holding money, it denied hiding it from the Central Bank of Nigeria (CBN).On Thursday, Chuka Obiozor, judge of a federal high court in Lagos, ordered the seven [...]

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    Keystone Bank unveils new board of directors

Keystone Bank unveils new board of directors

Keystone Bank on Tuesday announced the appointment of Umaru Modibbo and Hafiz Bakare as board Chairman and acting managing director/chief executive officer respectively.The lender also announced the appointments of Yvonne Isichei as executive director as well as Titilayo Tairat Adebiyi and Bulus Bunken Dan-Habu as non-executive directors.Omobolanle Osotule, the lender’s head of corporate communications, via a statement said the new [...]

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    Finally, AMCON sells Keystone Bank

Finally, AMCON sells Keystone Bank

The Asset Management Corporation of Nigeria (AMCON) has announced the sale of Keystone Bank, one of Nigeria's commercial banks.AMCON said the bank was sold to Sigma Golf Nigeria Limited and Riverbank Investment Resources Limited (the Sigma Golf – Riverbank consortium).The bank, formerly known as Bank PHB, is the last of three nationalised banks to be sold, the other two being [...]

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    Keystone: CBN disbursed N19bn for ABP last farming season

Keystone: CBN disbursed N19bn for ABP last farming season

Keystone Bank says the Central Bank of Nigeria (CBN) disbursed N19 billion for the Anchor Borrowers' Programme (ABP), in the last farming season.The bank, which partners the CBN on the programme to revamp agriculture in Nigeria, said the programme had a 90 percent success rate for the last farming season."The Anchor Borrowers’ Programme which was initiated by the CBN as [...]

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Exchange Rates

August 08, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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