By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Albert Essien, chief executive officer of Pan-Africa lender, Ecobank Group said on Sunday that he would not seek an extension to his tenure and that the board would soon commence a formal search process for a successor, a Reuters report said. In March Essien was […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender Ecobank Group has said it will halt its strategy of rapid expansion across Africa and focus on existing businesses, especially in Nigeria, Ghana, Angola and Kenya, Albert Essien,  chief executive officer said on Sunday according to a Reuters report. The report said Essien […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Asset Management Corporation of Nigeria (AMCON) on Saturday named mid-tier lender, Skye Bank Plc as buyer of nationalised bank, Mainstreet Bank Limited, the Corporation said. According to a statement from the Asset Management Company, Cedar One Investment Partners Limited is the first reserve bidder […]