ToBeCandidUpdate™

The Central Bank of Nigeria (CBN) ha declared that chief executive officers and chairmen of banks that failed to publish their financial statement within the regulatory period would be sacked.

Ecobank is reviewing its expansion strategy following a decline in profits and may pull out of some African countries to focus on its most promising markets, chairman, Emmanuel Ikazoboh, told Reuters.

British Airways is evaluating its routes to Nigeria, adding to aviation industry pressure on the Federal Government as sister carrier, Iberia, and United States competitor, United Airlines, halt flights to the country as traffic stutters and currency controls delay access to revenue.