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Don’t employ without approval, CBN tells banks

The Central Bank of Nigeria has barred Deposit Money Banks and discount houses from recruiting new employees without first seeking the central bank’s written approval. The development followed the rising cases of fraud and the attendant recycling of dismissed employees in the financial services industry, according to a new CBN […]

1st Capital Bank Announces: Appointment of Stuart Tripp as Regional President

1st Capital Bank (OTCQB: FISB) (“Bank”) today announced the appointment of Stuart Tripp as the Bank’s Regional President, with primary responsibility for the market area from Monterey in the south to Santa Cruz in the north. Mr. Tripp is a veteran California banker with over twenty-five years of experience serving […]

ICAN Appoints Enterprise Bank Collecting Bank

Press Release Enterprise Bank has been appointed as a lead bank as well as collecting bank for various payment schemes of the Institute of Chartered Accountants of Nigeria (ICAN). A letter from the institute to its stakeholders, which is titled, ‘Appointment of Enterprise Bank as collecting bank for the Institute […]