March 24, 2016/NSE Ecoank Transnational Incorporated (ETI), parent company of the Ecobank Group, today announced the appointment of Laurence do Rego as group executive of Commercial Banking. The appointment takes effect from 1 May 2016. do Rego is currently Ecobank’s chief financial officer and group executive, Finance. Laurence do Rego, […]
Tag: Chief financial Officer
South Africa’s MTN expects Nigeria to devalue naira this year
Thu Mar 3, 2016/Reuters South Africa’s MTN Group expects Nigeria to devalue the naira by up to 22 percent at some point this year, chief financial officer Brett Goschen said on Thursday. Africa’s biggest wireless operator is in talks with Nigerian authorities to reduce a $3.9 billion fine imposed last […]
Sterling Bank Eyes Acquisitions-Reuters
By InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc said on Friday its seeking to buy one (1) or two (2) mid-tier banks as sharp falls in the value of the naira and increased regulatory pressure are forcing banks to recapitalise, according to Reuters quoting Abubakar Suleiman, its chief financial officer (CFO). According […]