Some shareholders of the defunct Bank PHB Plc have sued the Central Bank of Nigeria (CBN) at the Federal High Court in Lagos over the alleged illegal transfer of their shares to Keystone Bank without ...

A Lagos High court, Ikeja, heard on Monday that the loan totalling about N25.7 billion for which the former managing director of the defunct Bank PHB, Mr. Francis Atuche, is facing trial was approved ...

The suit against Atuche, his wife, Elizabeth and the bank’s Chief Financial Officer, Ugo Anyanwu was instituted by the Economic and Financial Crimes Commission (EFCC) which accused them of stealing ...

LAGOS, Nov 19 (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 ...

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 ...

With PHB trading above its 200-day moving average, many are now wondering if it's a good buy at current levels. Treasury bills now offer over 5%, which isn't far from PHB's yield, while providing no ...

Nigerian students, seeking to pursue higher education in the United Kingdom but are limited by funds have been thrown a lifeline by Bank PHB. The bank, in partnership with the British Council is ...

PHB owns a portfolio of mostly high yield corporate bonds in the U.S. The fund has higher credit risk especially in an economic downturn. Although PHB currently has a 30-day SEC yield of 6.63%, it may ...

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 sacked Managing Director of Bank PHB, Mr. Francis Atuche, is in for more troubles as the Economic and Financial Crimes Commission (EFCC) discovered another N14 billion fraud allegedly perpetrated ...

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 ...

Lagos — Bank PHB has emerged as Best Company in Primary Education and the Most voted company as having the best Corporate Social Responsibility Profile in the country, winning two awards at the Social ...