Jaiz Bank Plc has announced the appointment of Mr. Hassan Usman as its Acting Managing Director. The appointment, according to a statement issued on Wednesday by the bank, followed the resignation of the erstwhile Managing Director, Muhammed Bintube, after almost 10 years of service. Prior to his appointment, Usman was […]
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Naira Strengthens as Central Bank Sells Most Dollars in 9 Months
The naira reached the highest in more than five weeks after the Central Bank of Nigeria sold the most dollars in nine months at auctions this week. The currency of Africa’s biggest crude producer gained for the first time this week, adding 0.2 percent to 157.40 per dollar by 3:06 […]
IMF Advise Emerging Markets to Improve Banking Regulation
Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, the Managing Director (MD) of the International Monetary Fund (IMF) Wednesday advised Emerging Markets and Developing Countries to improve their Banking Regulation and Supervision. Lagarde gave this advice in her speech “The Global Policy Actions Needed to Stay Ahead of the Crisis†at the […]
