Money Market

MasterCard to Chair PCI Council in 2015

February 24, 2015/MasterCard Bruce Rutherford, a senior vice president of fraud management solutions at MasterCard, has been appointed to chair the PCI Security Standards Council (PCI SSC) for the coming year. In this role, Rutherford will drive the council’s continued development of standards, best practices and resources for securing payment […]

Fitch Affirms 10 Nigerian Banks on Peer Review; Stable Outlook

23 Feb 2015/Fitch Ratings Fitch has affirmed the Long-term Issuer Default Ratings (IDRs) of 10 Nigerian banks. They are Zenith Bank Plc (Zenith), FBN Holdings Plc (FBNH), First Bank of Nigeria Ltd (FBN), United Bank for Africa Plc (UBA), Guaranty Trust Bank Plc (GTB), Access Bank Plc (Access), Diamond Bank […]

Unity Bank Names Four New Directors

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Unit Bank Plc on said on Monday it has appointed four (4) new directors, the bank said in an issuer’s announcement with the Nigerian Stock Exchange. They are Priya Heal,  Dauda N. Iliya,  Yabawa Lawan Wabi and Sam N. Okagbue (independent director) […]