Shareholders of Ecobank Nigeria Plc and Oceanic Bank International Limited, approved their proposed merger, just as the merged banks will commence operation Nigerian Bank Nigeria Ecobank Nigeria Plc

Oceanic Bank Plc’s shares Monday advanced further as Diamond Bank Plc confirmed reports that it had expressed interest in the acquisition of the rescued bank. Nigerian Bank Nigeria Diamond Bank Plc

As foreign and local investors scramble for equity stake in eight troubled banks slated for sale by the Central Bank of Nigeria (CBN), legal experts have sent warning signals them and the apex bank, to tread with caution as pending court cases constitute major booby traps. Nigerian Bank Nigeria CBN Central Bank Of Nigeria

Investors’ interest in the shares of some banks, especially Union Bank of Nigeria Plc, yesterday, lifted the volume of shares traded on the floor of the Nigerian Stock Exchange. Nigerian Bank Nigeria Union Bank Plc

Thirty banks may emerge on the financial landscape sketched by the Central Bank of Nigeria (CBN) in the planned phasing out of universal banking. Nigerian Bank Nigeria Access Bank Plc

Opinions seem divided over the performance of the turnaround managers (TAMs) appointed over six months ago by the Central Bank of Nigeria (CBN) for the embattled eight banks that failed the stress test. Nigerian Bank Nigeria Afribank

The turnaround managers for the rescued banks being supervised by the Central Bank may not be having it easy with their assignments, but so far some level of successes have been achieved with greater prospects in the days and months ahead Nigerian Bank Nigeria Afribank Plc

In a bid to bring Nigerian companies at par with their foreign counterparts in technology application , world leading provider of business software and business management solution, SAP Africa has completed its Greenfields rollout at Oceanic Bank. Nigerian Bank Nigeria Oceanic Bank Plc

For a long time, they had been in the shady business of forging financial instruments to eke out a living. Gbenga Chuks, Ikemefuna Ugochukwu, Adebayo Ayilara and Buhari Ayilara operated in conjunction with some staffers of banks to obtain relevant information about customers, with huge financial worth, the strength upon which they reap them off. Nigerian Bank Nigeria Equitorial Trust Bank

A Lagos State High Court, Igbosere has been told that the N20million allegedly invested in Union Bank of Nigeria Plc by a Chartered Accountant, Mr. Remi Oyekoka and his wife, Nike, was indeed paid into the bank’s account. Nigerian Bank Nigeria Oceanic Bank Plc