Adewale retires as Union Bank CFO

Yinkan Adewale, retired Union Bank CFO After six years as an Executive Director and Chief Financial Officer (CFO) of Union Bank of Nigeria (Union Bank), Mrs. Oyinkan Adewale has retired from the bank. Mrs. Adewale whose retirement took effect from September 25, 2018 has been succeeded by Mr. Joseph Mbulu, former Director, Transformation and Finance More...

by Felix OLOYEDE | Published 2 weeks ago
By Felix OLOYEDE On Monday, October 1st, 2018
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Ecobank: Tough times and battle for survival

Patrick Akinwuntan, CEO, Ecobank Nigeria By TESLIM SHITTA-BEY Depressed demand and a drop in local consumer spending have combined to squash top line earnings for continental banking giant, Ecobank Trans International, More...

By Felix OLOYEDE On Sunday, September 30th, 2018
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Access Bank pushes for digital dominance

  Herbert Wigwe, GMD, Access Bank By OKEY ONYENWEAKU In a move that appears to be designed to push the bank to the top of the pile of technology adopters in the financial service industry in Nigeria, Herbert More...

By Felix OLOYEDE On Saturday, September 29th, 2018
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Adebise resumes as Wema Bank MD on Oct. 1

Ademola Adebise, new MD, Wema Bank Ademola Adebise would take over as the new managing director of Wema Bank on October 1, 2018, following the retirement of Segun Oloketuyi in September 2018, the bank said a release More...

By Felix OLOYEDE On Saturday, September 29th, 2018
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Nigerian equity market appreciates 0.7% this week

The Nigerian Stock (NSE) posted a better performance during this week’s trading session than the previous week as the NSE All-Share Index and Market Capitalization appreciated by 0.70 per cent to close at 32,766.37 More...

By Felix OLOYEDE On Wednesday, September 26th, 2018
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Fee income pushes Fidelity Bank profit up 31% in H1 2018

Nnamdi Okonkwo, CEO, Fidelity Bank Plc FELIX OLOYEDE Double digit growth in earning assets, deposits and fee income spurred Fidelity Bank to improve its profit in the first six months of 2018. The Bank grew its More...

By Felix OLOYEDE On Tuesday, September 25th, 2018
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RMB seeks improved awareness on financial inclusion

The Chief Operating Officer of Rand Merchant Bank Nigeria (RMB), Mr. Funso Odukoya, has called for increased awareness on issues around financial inclusion in the country. Odukoya spoke during a panel session at More...

By Felix OLOYEDE On Tuesday, September 25th, 2018
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NDIC MD Emerges IADI Africa Regional Committee Chair

L-R: Former CEO, Deposit Protection Corporation of Zimbabwe, John Chikura and NDIC, MD/CE Umaru Ibrahim The Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, More...

By Felix OLOYEDE On Monday, September 24th, 2018
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Nigerian bond market witnesses low demand

A slowdown in client demand characterizes the bond market on Monday, unlike sentiments witnessed for the most part of last week. This is on the back of expected renewed supply at the bond auction on Wednesday, More...