A report by the Bank of America Merrill Lynch Global Research has predicted that the naira may weaken for the current levels of over N160 to N170. The report noted that although the Central Bank of Nigeria had the political will to defend the naira, the dwindling amount in the […]
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UBA Partners Parolz.com on Payment Card Loyalty Scheme
Press Release United Bank for Africa (UBA) Plc has entered into a partnership deal with Parolz.com, an online platform which offers exclusive discounts and benefits from top outlets in Nigeria. The offers range from Dinning to Lifestyle, Hospitality, Transportation and Gift Items. Only recently, Parolz.com extended its offerings to include […]
Ecobank’s Biggest Shareholder Says It Has Reservations About CEO
South Africa’s Public Investment Corp., the biggest shareholder in Ecobank Transnational Inc. (ETI), said it has concerns about the pan-African lender’s chief executive officer, Thierry Tanoh. “We have reservations about Thierry Tanoh,” PIC Chief Investment Officer Daniel Matjila said in a phone interview. The PIC, which owns more than 18 […]