The Managing Director/ Chief Executive Officer, Heritage Bank, Mr. Ifie Sekibo, says the lender has commenced the process of merging its operations with Enterprise Bank Limited with a view to forming a big bank in 2015. Sekibo said this at the 2014 financial year staff thanksgiving programme organised by Enterprise […]
Money Market
Nigerian naira street rate well below central bank’s at Christmas
Wed Dec 24, 2014 * Street rate for naira 3-5 pct below cenbank’s lower target * Christmas shopping slows as shoppers curb imports * Central bank has taken measures to fight “speculators” Nigeria’s central bank says the post-devaluation band for the naira is “appropriately priced”, but black market hawkers out […]
CDL opens mobile offices to improve business
Credit Direct Limited, a subsidiary of First City Monument Bank Plc, says it has introduced mobile offices to improve productivity. The move, it said, would ensure prompt access to non-collateral loans for its teaming customers across the country. The Managing Director, Mr. Akinwande Ademosu, who noted this was in response […]

