By InvestAdvocate Lagos (INVESTADVOCATE)-Bisi Onasanya, the group managing director (GMD)/CEO of First Bank of Nigeria Limited (FirstBank) is set to retire at the end of the year having completed his tenure in an inspiring and enviable career spanning over three decades of diverse management and operational experience. Onasanya has been […]
Money Market
FBN Holdings Obtains CBN Approval on Divestment from FBN Microfinance Bank
By InvestAdvocate Lagos (INVESTADVOCATE)-Financial services giant, FBN Holdings Plc said on Friday it has obtained approval from the Central Bank of Nigeria (CBN) to divest from FBN Microfinance Bank Limited. “FBN Holdings Plc has obtained the requisite approval from the Central Bank of Nigeria in respect of its divestment from […]
Naira Drops 1.22% in Black Market on Limited Dollar Sales
By InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Thursday dropped 1.22 percent in the parallel (black) market on limited dollar sales, according to a Reuters report. The report says this is coming after nearly half of bureaux de change operators failed to secure dollars at the Central Bank of Nigeria (CBN) sale […]
