According to reports, the Ekiti State Government has dispelled the rumours that it has shut down the Ado-Ekiti branch of Access Bank Plc following last Monday’s attempt by agents of the Economic and Financial Crimes Commission to arrest Precious Chikwendu Fani-Kayode, the wife of former Minister of Aviation, Chief Femi Fani-Kayode, in the bank’s premises.
In a statement in Ado-Ekiti on Wednesday by the Chief Press Secretary to the Governor, Idowu Adelusi, the government said it had nothing against the bank […]
Reports gathered that Nigeria’s foremost financial institution, Access Bank and the governments of Lagos and Kebbi states have signed a Joint Venture Agreement for the establishment of a modern and commercially viable rice milling complex.
The complex, which would be located in Lagos, has the capacity to process and mill 20 tonnes of rice per hour just as the finished product would be known as ‘Laskeb’ rice.
Findings revealed that the two state governments had, in the past few months, worked closely […]
Sterling Bank and Access Bank have notified the Nigerian Stock Exchange about their operations concerning the ongoing investigations by the Economic and Financial Crimes Commission.
The banks on Tuesday issued separate statements to the NSE about investigations into their activities by the EFCC.
The News Agency of Nigeria reports that these statements have been made available to investors by the NSE through its Website.
Sterling Bank in its statement explained that officials of the EFCC visited the bank on May 4, 2016 to […]
Operatives of the Economic and Financial Crimes Commission yesterday evening arrested Herbert Wigwe, CEO of Access Bank Plc, as money laundering investigations shifted to the Nigerian banks.
It was unclear the specific reasons for the raid of Access bank and later the arrest of its CEO, but it makes the third arrest within 10 days.
The first bank CEO to be arrested was Nnamdi Okonkwo of Fidelity Bank, in connection with the $115million laundered through the bank by former oil minister, Diezani Alison […]