The increasing pressure on the naira may have made the Central Bank of Nigeria’s weekly dollar sale at the Retail Dutch Auction System to increase by 260.5 per cent, according to the central bank’s statistics. The data indicated the central bank offered a cumulative total of $3bn to defend the […]
Author: InvestAdvocate
Ecobank calls EGM on reform after criticism by Nigerian watchdog
Ecobank has called an extraordinary general meeting for March 3 to adopt an action plan and reconstitute its board of directors in response to criticism of its governance by Nigeria’s securities regulator. The meeting of one the biggest financial institutions in sub-Saharan Africa will also adopt a resolution on capital […]
Jonathan Appoints New Special Advisers & Chief Executives For NTA, FRCN, NAN AND SURE-P
President Jonathan, Thursday, appointed two new special advisers and five chief executives of four different government agencies. A statement issued by Reuben Abati said, “in furtherance of efforts to continually strengthen his administration on all fronts, President Goodluck Ebele Jonathan has approved the following appointments to fill existing vacancies” According […]
