Updates

CBN Removes Boards of First Bank of Nigeria, FBN Holdings; Appoints New Boards Chairmen

April 29, 2021/Proshare by Proshare Research Following the meeting held by the board of First Bank of Nigeria in relation to the appointment of Mr. Gbenga Shobo as the new MD/CEO of First Bank and the subsequent query issued by the Central Bank of Nigeria (CBN) to the bank’s board, […]

SEC Nigeria Announces Development of an ICT Transformation Strategy With the Support of FSD Africa

April 29, 2021/SEC Nigeria Introduction Following an Institutional Capacity Assessment undertaken on SEC Nigeria in 2019, SEC Nigeria with the support of FSD Africa wishes to engage a consultant to develop an Information Communication and Technology (ICT) Transformation Strategy for SEC Nigeria. Information and Communication Technology (ICT) plays a critical […]

Federal Reserve Board issues enforcement actions with former employee of Barclays Bank PLC and former employee of Texas Community Bank

April 29, 2021/US Federal Reserve The Federal Reserve Board on Thursday announced the execution of the enforcement actions listed below: Consent cease and desist order and civil money penalty against Peter Little Former employee of Barclays Bank PLC, New York, New York Engaging in manipulative and collusive foreign exchange trading […]