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 […]

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 […]

By Chijioke Ohuocha June 03, 2014/Reuters * New governor assumes office as 11th cbank chief * Policy outlook tainted by election risk, falling naira * Incoming chief to stay out of politics, unlike predecessor   Nigeria’s new central bank chief Godwin Emefiele took office on Tuesday with the immediate task […]