By InvestAdvocate Lagos (INVESTADVOCATE)-Fidelity Bank Plc on Wednesday clarified its temporary suspension from the foreign exchange market by the Central Bank of Nigeria and said it has repaid $288 million of the funds. “Fidelity bank has repaid over $288m of these funds in line with the advised repayment schedule,” the […]

Company says it won’t bow to blackmail August 24, 2016/Bidco Africa Bidco Africa (www.BidcoAfrica.com) has said the protesters that picketed outside Standard Chartered and Barclays Banks in London on Tuesday are con artists trying to blackmail the company. The company says it has been fighting an anonymous and faceless group of […]

  Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has suspended First Bank of Nigeria Limited, First City Monument Bank, Sterling Bank Plc and six (6) other banks from the interbank currency market for failing to remit money owed to the government, according to a Reuters report quoting banking sources on […]