Nigerian Banks That Have Secured Their Licences
Nigeria’s banking sector is undergoing a major transformation as banks work to meet new capital requirements set by the Central Bank of Nigeria (CBN). Introduced in March 2024, these requirements aim to create stronger and more resilient banks capable of supporting large projects and boosting the country’s economy toward a $1 trillion target. Banks were […]
Former Lagos Education Director jailed for stealing N48.9 million from Access Bank
A Lagos court has sentenced Olawale Faleti, a former director in the Lagos State Ministry of Education, to two years and five months in prison for stealing N48.9 million from Access Bank Plc. Justice Rahman Oshodi of the Ikeja Special Offences and Domestic Violence Court found Faleti guilty on five counts of theft brought by […]
Roosevelt Ogbonna’s £15m House In London: Criticism Trails Access Bank CEO
Access Bank CEO, Roosevelt Ogbonna, is facing backlash after reports emerged that he owns a £15 million mansion in London. The revelation has raised questions among Nigerians, with many criticizing the luxury purchase at a time when the country faces economic hardship. Critics argue that such a display of wealth does not reflect the struggles […]
BREAKING: Diamond Bank founder, Pascal Dozie is dead
Pascal Gabriel Dozie, the man who started the former Diamond Bank Plc in Nigeria, has passed away. He died on Tuesday, April 8, 2025, just one day before his 86th birthday. He was 85 years old. Reports say he had been dealing with an illness related to old age. Pascal Dozie was well known in […]
Court issues arrest warrant for acting MD of Access Bank for allegedly using Obanikoro’s property as collateral without consent
A Lagos State High Court has ordered the arrest of Bolaji Agbede, the acting Managing Director of Access Bank, after he was accused of using a property owned by Musiliu Obanikoro’s family in Lagos as collateral for a loan without their consent. The court documents reveal that in 2019, Access Bank approved a N1 billion […]
Two Men Arrested for Attempting Money Ritual with Sand from Banks
In a recent bizarre incident, two men were arrested for trying to carry out a money ritual using sand collected from three different bank locations. The banks involved were Access Bank, Wema Bank, and UBA. According to their confession, the men had a plan to use sand taken from these banks in their ritual. They […]
Governor, Sanwo-Olu, Shared a Heartfelt Message in Remembrance of his Dear Friend Herbert Wigwe – “The pain of this loss is still so raw”
Today, August 15, would have marked Herbert Wigwe’s 58th birthday. The late Herbert Wigwe, who served as the Group Managing Director and CEO of Access Bank Plc, tragically lost his life along with his wife and son in a helicopter crash in the US on February 9, 2024. Lagos State Governor Babajide Sanwo-Olu took to […]