Nigeria’s naira currency weakened against the dollar on the interbank market on Wednesday, with the dollar in demand as importers sought to meet their foreign exchange needs. The local unit closed at 162.30 to the dollar, weaker than 161.75 Tuesday’s closed. Traders said dollar supply from oil companies and offshore […]

Ecobank Nigeria has announced a 10-year partnership with MasterCard for the issuance of debit cards to the bank’s customers in the country. The deal follows a licensing agreement between the Ecobank Group and MasterCard in January to provide MasterCard payment solutions in 28 sub-Saharan African nations. According to a statement […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVPCATE)-Nigeria’s mid-tier lender, Skye Bank Plc Tuesday announced the appointment of Timothy Oguntayo as the new managing director/chief executive officer (MD/CEO) of the bank. This is coming on the heels of the retirement of Kehinde Durosinmi-Etti, the bank’s group MD/CEO which will take effect from […]