By InvestAdvocate Lagos (INVESTADVOCATE)-Pan African lender, Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, on Monday named  Ade Ayeyemi as its new Group Chief Executive Officer (GCEO). “His appointment is effective from 1 September 2015, ETI said in an issuer’s announcement to the Nigerian Stock Exchange (NSE). Ayeyemi […]

The Group Managing Director, Skye Bank Plc, Mr. Timothy Oguntayo, said the lender bought Mainstreet Bank Limited to tap opportunities in retail banking across the country. Oguntayo, who stated this at a pre-Annual General Meeting press conference in Lagos, said the bank had completed the integration of its operation with […]

The nation’s exchange reserves have been depleted by $469m in the past two week, the latest figures from the Central Bank of Nigeria have revealed. After hitting $29.819bn on May 18, 2015, the country’s forex reserves commenced a descent that dragged on for more than two weeks and stood at […]