The Board of Directors of Fidelity Bank Plc has announced the appointment of four new Executive Directors as part of the Bank’s effort to restructure, reposition and strengthen the management. The new Executive Directors are ; John Obi; Corporate Banking, Chijioke Ugochukwu; Shared Services, Balarabe Mohammed; Commercial and Consumers Banking, North Directorate and Nnamdi Okonkwo; [...]

The Managing Director of International Monatary Fund (IMF), Christine Lagarde said that steps are being taken by member countries to authorize the use of profits from the institution’s gold sales to support concessional lending to poor countries. According to the statement, about 69 countries representing 48.67percent support the proposed distribution to subsidize lending to low-income [...]

United Bank for Africa Plc plans to acquire key banks in different parts of Africa in the next few months. The Managing Director of the bank, Philip Oduoza, made this known at a forum held at the Nigerian Stock Exchange building in Lagos recently. Oduoza said that acquiring the banks will ensure good return on [...]