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 […]
Money Market
FG to raise N96.3bn in Treasury bills
The Federal Government plans to raise N96.26bn ($587m) with Treasury bills with maturities ranging between three months and one year on October 23, the Central Bank of Nigeria said on Wednesday. The apex bank said it would issue N34.88bn in the 91-day paper, N30bn in the 182-day note and N31.38bn […]
Controversy over Heritage’s payment for Enterprise Bank
There was uncertainty on Wednesday night over whether or not Heritage Bank, the preferred bidder for Enterprise Bank, had fully paid the bid price for the transaction. The Asset Management Corporation of Nigeria said Heritage Bank had yet to credit its account few hours to the expiration of the October […]
