GHANA - President John Dramani Mahama has appointed Dr. Abdul-Nashiru Issahaku as Governor of the Central Bank, a statement from Flagstaff House Communications Bureau has announced.
GHANA - The UBA Group Board has approved the appointment of Kennedy Uzoka as the new Group Managing Director with effect from August 1, 2016 and subject to the approval of the Central Bank of Nigeria.
GHANA - An Export and Import (EXIM) Bank bill which is currently before Parliament has received attention with the document going through the second reading.
NIGERIA - Governor Akinwunmi Ambode of Lagos State, yesterday, said arrangements had been concluded to set up a Microfinance Bank to aid artisans and small business operators.
KENYA - Swedish money transfer company, Taaj Service, has entered the Kenyan market through a partnership with Global Money Transfer.
ETHIOPIA - Commercial Bank of Ethiopia (CBE) reported 6.7 billion Br profit before tax for the first half of this fiscal year. This is nearly half of the 12.8 billion Br income it bagged during the same period last fiscal year.
KENYA - Former Kenya Airways CEO, Titus Naikuni, has been appointed the chairman of Prudential Life Assurance Kenya with immediate effect.
GHANA - Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has announced the appointment of Mr. Samuel Ashitey Adjei as the Managing Director for the Group’s recently combined region.
KENYA - Barclays Bank of Kenya plans to start agency banking, which will make it the first international lender to embrace the model. The bank is expected to start contracting agents before the end of March.