Money Market

Nigeria’s UBA cuts 2015 loan growth forecasts as economy falters

September 8, 2015/Reuters Nigeria’s United Bank for Africa (UBA) has lowered its forecast for 2015 loan growth to 5 to 8 percent from 15 to 20 percent as rising regulatory and economic uncertainty increase risks to lending, the bank said on Tuesday. UBA CEO Phillips Oduoza told an investor call […]

UK Eke is new GMD of FBN Holdings Plc, as Awosika becomes first female Chairman

Sept 7, 2015/Proshare Highlights All appointments takes effect from January 1, 2016  Prince Ajibola Afonja, retires as Chairman of Firstbank Mr. Bisi Onasanya’s retires as GMD/CEO of Firstbank. Dr. Oba Otudeko, (CFR) remains Group Chairman, FBN Holdings  Mr. Bello Maccido becomes pioneer Chairman of the newly-licenced FBN Merchant Bank Ltd […]

Citi Gets ISO 27001 Certification

L to R: Mrs Ngozi Omoke-Enyi, Operations and Technology Head, Citibank Nigeria; Mr AkinDawodu, MD/CEO Citibank Nigeria. Mr Sebastiano Fruciano, MD/CEO Bureau Veritas Mrs.Adenike Akinbote, Systems Certification Manager, Bureau Veritas during the presentationin Lagos, recently. By InvestAdvocate Lagos (INVESTADVOCATE)-Leading global bank, Citi last Friday said it has received the International […]