The United Bank for Africa is planning to raise capital through a private placement and a rights issue to help support large-ticket lending in infrastructure and agriculture sectors in the Nigerian economy, the bank said on Monday. Reuters reported that UBA, the third-largest lender by total assets in Nigeria, did […]

Enterprise Bank Limited has inaugurated the ‘Spirit of Enterprise,’ a marketing communication campaign aimed at promoting the new bank. A statement by the bank on Monday quoted the Managing Director, Enterprise Bank, Mr. Ahmed Kuru, as saying, “Having developed a carefully articulated blueprint geared towards making Enterprise Bank the preferred […]

The Asset Management Corporation of Nigeria on Monday appointed non-executive directors for the three nationalised banks. AMCON, in a statement made available to our correspondent, said nine non-executive directors were appointed for each nationalised bank, making a total of 27 directors for the three banks. According to AMCON, the nominees […]