Ecobank Nigeria says it has utilised a $15m credit line under the United States Department of Agriculture Export Credit Guarantee Programme. According to a statement by the lender, the ‘GSM 102 Programme’ provides a credit guarantee to encourage commercial financing of the US agricultural commodity exports. Ecobank said the credit […]

By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Zenith Bank Plc on Friday announced the retirement of Haruna Usman Sanusi and  Chinyere Asika as non-executive directors of the bank. The bank in an issuer’s announcement to the Nigerian Stock Exchange (NSE) said the board approved the retirement at its meeting of […]

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Bello Maccido, group chief executive officer (GCEO), of FBN Holdings Plc, said on Thursday a subsidiary of the group, Kakawa Discount House Limited, has been granted a merchant banking licence by the Central Bank of Nigeria (CBN). Maccido disclosed this at the third annual general […]