Money Market

ETI Names Deepak Malik as Directors on Departure of Monish Dutt

November 11, 2019/Ecobank Mr. Deepak Malik has been coopted to the Board of Ecobank Transnational Incorporated (ETI) (https://www.Ecobank.com), the parent company of the Ecobank Group as a Non-Executive Director. Deepak Malik joins the ETI Board of Directors as a nominee of Arise B.V. (“Arise”) which now holds a 14.1% equity […]

CBN Releases New Offer Letter Clause for Nigerian Banks Credit Facilities

November 7, 20129/CBN Being contents of an August 26, 2019 Central Bank of Nigeria (CBN) Circular reference BSD/DIR/GEN/LAB/12/054 to all banks by Ahmad Abdullahi, Director of Banking Supervision titled: NEW OFFER LETTER CLAUSE FOR CREDIT FACILITIES. The Central Bank of Nigeria has been implementing regulatory measures to spur credit growth […]

UBA Partners with British Airways to Reward Loyal Customers

November 6, 2019/UBA Plc Pan African financial institution, United Bank for Africa (UBA) Plc and the global airline, British Airways have announced a collaboration to reward loyal customers who are cardholders of the Bank. The promo which will last for six months from November 2019, will witness UBA customers getting […]