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Panic over naira devaluation

Analysts and stakeholders have continued to express fear over the possible devaluation of the naira in coming months. The acting Governor, Central Bank of Nigeria, Dr. Sarah Alade, however, said there was no plan to devalue the naira, stressing that the CBN was committed to defending the nation’s currency. But […]

Enterprise Bank Out with Boost Account

Press Release In fulfillment of its desire to continually satisfy the aspirations of her customers, Enterprise Bank Limited has launched a new product called Enterprise Boost Account to boost the growth of Small and Medium Scale Businesses (SMSBs) The product is designed to immensely reduce the cost of doing business […]

Ecobank’s Largest Investor Says Lender Must Evaluate Growth Rate

Ecobank Transnational Inc. (ETI)’s board must reconsider the speed at which the pan-African lender expands after allegations of management fraud and poor governance, South Africa’s Public Investment Corp. said. “One of the key lessons coming out of Ecobank is that the pace at which you grow is very important,” Elias […]