Keystone realigns strategy towards sustained business growth, appoints 3 new EDs

Afolabi OluwaseunAugust 8, 2019

Keystone Bank Limited, one of Nigeria’s tier-2 lenders, has announced the appointment of Tijani Aliyu, Olaniran Olayinka and Lawal Jibrin Ahmed in the capacity of executive directors as part of the bank’s strategy to realign its operations for sustained business growth. Umaru Modibbo, chairman, Keystone bank, said the promotion of the three former general managers […]

Ayo Adepoju becomes Ecobank’s new CFO

Businessam StaffAugust 1, 2019

Ecobank Transnational Incorporated, the Lome-based parent company of Ecobank Group, has announced the appointment of Ayo Adepoju as its new chief financial officer (CFO). Adepoju, the new CFO, was also named a member of the company’s group executive committee. The new official, whose appointment takes immediate effect, will report directly to the group chief executive […]

UBA discloses inability to meet half -year filing deadline

Businessam StaffJuly 30, 2019

The board of United Bank for Africa (UBA) Plc has disclosed that it would not able to submit the company’s financial statements for the period ended June 30, 2019 at the required time. Firms listed on the Nigerian Stock Exchange (NSE) are expected by the listings rules to file their half year reports on or […]

Malabu Scandal:We did no wrong, JPMorgan tells British court

Businessam StaffJuly 25, 2019

Banking giant, JP Morgan, on Wednesday told an appeal court that it acted in line with its legal mandate when it allowed the transfer of $875million from an account held by Nigeria to a shell company run by a former Nigerian oil minister, Dan Etete. Rosalind Phelps of Fountain Court chambers, representing the bank, told […]

EY, Open Banking Nigeria inks deal to boost financial service offerings

Adesola AfolabiJuly 24, 2019

In a move that would enhance the service offerings of players in the Nigerian financial services industry, Ernst & Young (EY), a global professional services firm, has finalised arrangements with Open Banking Nigeria to develop and advocate for a standard Application Programming Interface (API) for the country’s financial services industry. Open Banking Nigeria is Nigeria’s […]

Ecobank counters worker’s layoff rumours

July 11, 2019

Ecobank Nigeria says it has not sacked some of its workers as reported by some dailies. The bank said in a statement on Thursday that it only decided against renewing the contract from its third-party recruitment agencies and returned those categories of personnel to the recruitment agencies, adding that efforts were being put in place […]

Ecobank Transnational Incorporated names new finance chief

May 16, 2019

In line with Ecobank Transnational Incorporated (ETI)’s established executive succession plan, the board has appointed Ayo Adepoju, vice president, group finance as acting chief fnancial officer (CFO). Ecobank Transnational Incorporated (ETI) parent company of the Ecobank Group, said its Chief Financial Officer, Greg Davis, is leaving his post so that he can spend more time […]

New TEF boss to ensure $100m programme impact across Africa and global ecosystem

Adesola AfolabiApril 2, 2019

Ifeyinwa Ugochukwu, newly appointed chief executive for Tony Elumelu Foundation (TEF), has assumed her new role which will focus on scaling the impact of the 10-year $100million Tony Elumelu entrepreneurship programme and strengthen relationships between the African and the global entrepreneurship ecosystem. This the company revealed in a statement, Tuesday, adding that Ugochukwu in her […]