There was a tense atmosphere in an Ikeja High Court on Wednesday night as Francis Atuche, a former Managing Director (MD) of Bank PHB, begged Justice Lateefa Okunnu not to send him to prison following ...

The Minister of Information, Lai Mohammed on Friday said that the former Vice President and Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar has questions to answer over ...

LAGOS (Reuters) - Profits at Nigeria's Bank PHB were squeezed in its first nine months by the costly expansion of its branch network and its margin loan exposure but should pick up in the fourth ...

Renowned political economist, Prof. Pat Utomi, yesterday told a Lagos High Court, Ikeja he did not obtain any loan from the defunct Bank PHB to fund his presidential campaign between 2006 and 2007.

The Managing Director/ Chief Executive Officer of Bank PHB, Frank Atuche, will be dismissed later today by the Central Bank of Nigeria, highly placed sources told NEXT last night. Mr. Atuche’s sacking ...

Owing to indications that the Afribank, Bank PHB and Spring Bank may not be able to recapitalise before the September 30th deadline set by CBN, the Central Bank of Nigeria has revoked their licenses.

Atuche was convicted for defrauding the bank of N25.7 billion. A former Chief Financial Officer of the bank, Ugo Anyanwu, was also sentenced to four years imprisonment. In a 10-hour judgment, Justice ...

LAGOS (Reuters) - Nigeria's Bank PHB said on Friday it was in talks with a consortium of potential suitors led by a bank which could lead to its recapitalisation. "The board of directors ... is ...

A middle aged man from Aba, Onyeanwuna Ezeani has emerged the latest millionaire in Bank PHB's "Pot of Phortune" promo draws. The draws which were held in Lagos on Wednesday November 8 is in ...

Bank PHB has launched a product that would significantly alleviate the problems faced by their teeming customers and prospective ones, especially with regards to epileptic public power supply. Tagged ...