November 12, 2019/UBA Plc Pan-African financial Institution, United Bank for Africa Plc got double honours over the weekend as it emerged the Bank of the year 2019; while its Group Managing Director/Chief Executive Officer, Mr. Kennedy Uzoka, also emerged CEO of the year at the Business Hallmark Newspaper Awards, held […]
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 […]

