Tag: finance

Ecobank’s suspended director quits

Ecobank Transnational Incorporated on Wednesday announced that its Group Executive Director for Finance and Risk, Mrs. Laurence Do Rego, was no longer its employee. She had been on suspension for several months following a series of controversies. A terse statement by the bank’s Group Head of Communications, Mwambu Wanendeya, read, […]

Presidency, police insurance, bank charges to gulp N556m

The Presidency, ministries of Agriculture and Rural Development and Finance, as well as police formations and commands, among others, are to spend the sum of N555.98m on financial expenses such as bank charges and insurance premium this year. The amount is contained in the 2014 budget proposals for the affected […]

FG to invest $2.9tn in infrastructure stock

The Federal Government has said it will invest $2.9tn in its infrastructure stock as part of plans to address the infrastructure deficit in the country. The Minister of State for Finance, Dr. Yerima Ngama, said this in Lagos on Monday at an infrastructure roundtable organised by the Securities and Exchange […]