Evelyne Tall-Daouda, Deputy Chief Executivr Officer, Ecobank Group January 30, 2017/NSE Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, announces the departure from the group of Deputy Chief Executive Officer Eveline Tall Daouda, who proceeds on early retirement on January 31, 2017. Group CEO Ade Ayeyemi, described Eveline […]
Updates
CBN clarifies alleged wrong FOREX purchase figures
January 30, 2017/CBN Following media reports alleging irregularities in the rates at which foreign exchange was obtained by some individuals and companies from different Deposit Money Banks (DMBs) under the new [60:40] Foreign Exchange Policy by the Central Bank of Nigeria (CBN), which prioritises FOREX sales to manufacturers, agriculture, plant […]
CBN’s $1.07bn Forex Utilization Report November 2016
Culled—Proshare January 30, 2017 The 76-page Central Bank of Nigeria report on FOREX utilisation revealed disbursements totaling $1.07 billion to 4,328 manufacturers, power and other real sector operators for the procurement of raw materials, plants and machinery. The November 2016 report released on January 24, 2017 listed some of the […]

