Silicon Valley Bank acquired by HSBC
HSBC Holdings Plc is buying the UK arm of Silicon Valley Bank, the culmination of a frantic weekend where ministers and bankers explored various ways to avert the SVB uni...
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FTX Founder Bankman-Fried back in jail after hearing
Samuel Bankman-Fried, wanted in the United States for fraud after the collapse of his FTX group, returned to a Bahama prison Monday after a hearing that had been expected...
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Mark Zuckerberg no longer among 10 richest Americans – Forbes
Meta Chief Executive Officer, Mark Zuckerberg, is not one of the 10 richest people in America for the first time since 2015, according to Forbes. Zuckerberg has lost more...
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UBA appoints Alawuba as new GMD
Oliver Alawuba has been appointed as the group managing director of the United Bank for Africa Plc (UBA), the global bank for Africa. Specifically, the bank disclosed thi...
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CBN mandates bank customers to produce indemnity for online transfers above N1m
The Central Bank of Nigeria (CBN) has instructed banks and payment service providers to accept indemnity from consumers for highly secure online cash transfers. This was...
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Titan Trust Bank completes takeover of Union Bank
Union Bank Plc on Thursday, Jue 2, said it had completed its core investors’ sale of a majority shareholding to Titan Trust Bank Ltd., a subsidiary of TGI Group. In a sta...
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Kuchi Kuchi crooner Jodie pens open letter to Nigerians as she laments son’s medical disorder
Nigerian singer, Joy Eseoghene Odiete a.k.a Jodie, has penned down an open letter to Nigerians as she laments the challenges of raising a child with special needs in Nige...
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Fayemi not guilty of meddling into Local Council funds -Aide
Contrary to misleading narratives, Ekiti’s Gov. Kayode Fayemi does not meddle in the activities of the state’s Joint Account Allocation Committee (JAAC) or superintends o...
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Forbes: 3 Nigerians make World’s Billionaires List 2022
Popular American magazine Forbes has issued its 36th annual ranking of the world’s richest people. Compared to last year, 87 people failed to make it to the list....
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Putin: “unfriendly countries to pay in rubles for gas”
Russia will seek payment in rubles for natural gas sold to “unfriendly” countries, President Vladimir Putin said on Wednesday; and European gas prices soared...
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