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Oceanic Bank was incorporated on March 26, 1990, as a private limited liability company with 100% equity ownership by Nigerian citizens, and licensed on April 10, 1990, to carry on commercial banking. The bank commenced business on June 12, 1990, at the Waterfront Plaza, Plot 270, Ozumba Mbadiwe Avenue, Victoria Island, Lagos.
Cecilia Ibru (born 22 March 1946) is the former managing director and chief executive officer of Oceanic Bank. [1] She is Nigeria's first female bank CEO and was dubbed the first lady of banking. [2] [3] In 2010, she was convicted of corporate fraud and sentenced to prison as part of a multibillion-dollar banking scandal.
Intercontinental Bank, commonly referred to Intercontinental, was a Nigerian commercial bank that operated from 1989 until it was acquired by Access Bank plc in 2013. Prior to its acquisition, Intercontinental Bank was one of the twenty-four commercial banks licensed by the Central Bank of Nigeria , the country's banking regulator.
Although the century is still young, this is shaping up to be the banking scandal of the century thus far. On the heels of last week's announcement that British bank Barclays will fork over $450 ...
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Six years later, Esteves, whose stake in the bank is worth roughly 40 billion reais ($7.89 billion), is closing in on a comeback, four sources with direct knowledge of the situation told Reuters.
Swedbank dismissed Birgitte Bonnesen as chief executive on Thursday only an hour before its annual meeting after disgruntled shareholders rounded on her handling of a rapidly-growing money ...
It looks like banks are on the way down this morning, as Bank of America and its compatriots face another round of new allegations of questionable practices. So far in trading, the bank is down 0. ...