By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Africa is said to be among the world’s fastest growing region in Financial Inclusion as it has an increasing number of people with access to banking and other financial services. This is contained in the March 2013 issue of Finance & Development a Quarterly publication […]
Tag: Africa
Nigerian naira pressured by strong dollar demand
Nigeria’s naira closed flat against the dollar in the interbank market and weakened slightly on the official foreign exchange window on Wednesday as strong dollar demand kept pressure on the local currency, traders said. The naira closed at 157.60 to the dollar at the interbank market on Wednesday, the same […]
Citigroup CEO Vikram Pandit resigns
Citigroup Inc Chief Executive Vikram Pandit has resigned, effectively immediately, a shock change at the top of the bank just one day after surprisingly strong quarterly results. A statement on Tuesday from Chairman Michael O’Neill said Michael Corbat, previously chief executive for Europe, Middle East and Africa, would succeed Pandit […]
