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Emefiele Unveils 10 Point Agenda, Advocates Lower Interest Rate

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Godwin Emefiele who assumed office two (2) days ago as the eleventh governor of the central bank of Nigeria (CBN) Thursday unveiled a 10 point agenda to run the apex bank as he has advocated for lower interest rate.   Below is the 10 […]

Banks fail to begin biometric registration

Deposit Money Banks, for the third time, failed to commence the biometric registration of their customers last week. This development is coming up almost four months after the suspended governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, inaugurated the project. The biometric registration exercise is expected to lead […]

ETI Acquires 96 Percent Stake in Banco ProCredit Mozambique

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Pan African lender, Ecobank Transnational Incorporated (ETI) Wednesday announced it has acquired a 96 percent stake in Banco ProCredit Mozambique previously held by ProCredit Holding (PCH) and the DOEN Foundation. The pan African lender said in a statement made available to InvestAdvocate that the transaction […]