Culled–Proshare Nwachukwu Amazu, head of the fund transfer unit of Guaranty Trust Bank (GT BANK), on Wednesday denied knowledge of the documents his bank sent to the Economic and Financial Crimes Commission (EFCC) on Senate President Bukola Saraki. ‎Nwachukwu, who is the second prosecution witness in the trial of Saraki […]

16/1/2017/NAN Heritage Bank has embarked on mass retrenchment of its workers with 400 staff sacked in December. Investigations on Monday indicated that more workers are penciled for sack. The bank, in October 2014, acquired Enterprise Bank with about N56bn ($281m). A top management source in the bank, who pleaded anonymity, […]

January 13, 2017/Reuters By Nqobile Dludla JOHANNESBURG (Reuters) – South Africa’s anti-graft watchdog has reopened an investigation into whether Barclays Africa Group benefited from an apartheid-era bailout, the bank said on Friday. A preliminary report by the country’s Public Protector has found that the apartheid government breached the constitution by […]