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ETI Announces New Member of the Board of Directors

Press Release/April 04 2014 Ecobank Transnational Incorporated (ETI) announces the co-option of a new member of the Board of Directors. On Monday 31 March 2014 Hewett Adegboyega O. Benson (48), became a Non-Executive Director, representing AMCON on the board. The appointment of Mr. Hewett Benson brings the total number of […]

Nigeria’s Diamond Bank Seeking Deposits to Offset Tougher Rules

  By Emele Onu Apr 6, 2014 Diamond Bank Plc (DIAMONDB), a Nigerian lender with operations in four other West African nations, plans to boost customer deposits to offset the impact of tougher regulatory requirements on earnings. Higher cash reserve requirements imposed by the central bank crimped profit last year […]

Nigeria’s UBA slows further African expansion to consolidate

Nigeria’s United Bank for Africa (UBA.LG) (UBA) has given pause to an aggressive expansion across the continent as it consolidates its existing operations in 19 different countries and meets commitments to fund large power projects at home, its chief executive said on Monday. Phillips Oduoza also told the Reuters Africa […]