Banking

Court awards N50 million against NEXIM Bank for ex-MD’s illegal detention

Court awards N50 million against NEXIM Bank for ex-MD’s illegal detention

The Makurdi High Court in Benue State has awarded N50 million as damages against the Nigerian Export-Import (NEXIM) Bank over the unlawful arrest and detention of its former Managing Director, Robert Orya, by the Economic and Financial Crimes Commission (EFCC) and the Inspector General of Police (IGP). The court tongue-lashed the EFCC and the IGP…

Wema Bank Investigating Allegation of Verbal Abuse Against A staff Of The Bank

Wema Bank Investigating Allegation of Verbal Abuse Against A staff Of The Bank

Equity, fairness, and mutual respect are the gold standards of our practice, operations, and relations with both internal and external stakeholders at Wema Bank. These are firmly rooted in our values spanning over 75 years of existence. By Shaba Gbenga, Lagos Wema Bank Plc – the inventor of Nigeria’s first fully digital bank, ALAT –…