The Bankers Committee of the Central Bank of Nigeria on Thursday said it was working to finalise the establishment of a modern collateral registry that would ensure that moveable assets were accepted as collateral by banks by the second quarter of 2015. The development will allow small customers who want […]
Money Market
AMCON confirms Heritage’s payment for Enterprise Bank
The Asset Management Corporation of Nigeria announced on Thursday that Heritage Banking Company Investment Services Limited had completed payment for the acquisition of Enterprise Bank. The HISL is a special purpose vehicle sponsored by Heritage Bank to bid for Enterprise Bank. AMCON had last month announced HISL as the preferred […]
Michael Tarfa Exits Skye Bank as Non-Executive Director
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender, Skye Bank Plc on Thursday said Michael Tarfa has retired from the bank as non-executive director with effect from October 02, 2014. The lender said Tarfa retired from its board following his completion of the maximum 12 years in line with the code […]
