FirstRand Limited, South Africa’s second-largest bank, has said it needs to buy a retail and commercial bank in Nigeria to support its investment bank and win access to consumer deposits for corporate funding. The Chief Executive Officer, First Rand Merchant Bank, Mr. Alan Pullinger, said on Friday, “We can run […]
World News
UBA, MoneyGram reward customers in anniversary promo
Thirty customers who received money through the United Bank for Africa Plc and MoneyGram International transfer platform have emerged winners in the 15 years anniversary promo draw. During the promo draw held at the UBA headquarters in Lagos on Tuesday, 30 customers won instant prizes which included LCD TVs, home […]
Infrastructure Bank to issue N1.5bn right issues
The Infrastructure Bank Plc has concluded plans to issue N1.5 billion right issues to its existing shareholders, opening from December 17 to January 28, next year. The shareholders of the bank include federal and state governments; local governments and trade unions, according to its Managing Director, Adekunle Oyinloye. At a […]
