Author: InvestAdvocate

Ecobank CEO Denies Misconduct Amid Corporate Governance Review

Ecobank Transnational Inc. (ETI)’s Chief Executive Officer Thierry Tanoh denied allegations of fraud by a senior manager. “The bank’s governance norms are such today that what has been said couldn’t have been done,” Tanoh said in an interview last week in Paris. “We are doing a review because it’s time […]

Finally Cashless Policy Takes off in Abuja, Others

Residents of Abuja, Kano and the four other states where the Central Bank of Nigeria (CBN) recently included in the cashless policy, that wish to withdraw or lodge cash above the prescribed limits will have to pay the associated penal fees from today. The other states are Rivers, Ogun, Abia […]

Onwuka Resigns as Enterprise Bank Chairman

The Chairman of Enterprise Bank Limited, Mr. Emeka Onwuka has resigned from the bank. THISDAY learnt that Onwuka’s resignation was prompted by his interest in one of the group of investors that plan to acquire one of the three banks owned by the Asset Management Corporation of Nigeria (AMCON). Enterprise, […]