Nigeria’s naira fell 0.43 percent against the U.S. dollar on the interbank market on Wednesday after importers brought forward their obligations to take advantage of a recent rally in the local currency. The local unit closed at 161.65 naira to the dollar, weaker than the 160.95 naira it closed the […]

By Peter OBIORA InvestAdvocateLagos (INVESTADVOCATE)- Nigerian mid-tier lender Keystone Bank Limited on Thursday announced it will divest from its offshore subsidiaries in three (3) African countries, Philip Ikeazor, chief executive officer (CEO) of the bank said this at a media parley with financial journalists in Lagos Nigeria. According to Ikeazor, […]

The former Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Kehinde Durosinmi-Etti, has formally handed over to his successor, Mr. Timothy Oguntayo, at a ceremony in Lagos. Durosinmi-Etti said the event demonstrated the existence of sound corporate governance in the bank, which makes succession seamless and rancour-free. He […]