Round and about Nigeria
FCMB CEO proceeds on leave as bank intensifies probe into paternity allegation

The Chief Executive Officer of First City Monument Bank Limited (FCMB), Mr. Adam Nuru, has voluntarily chosen to proceed on leave as the bank’s board investigate the allegation of paternity scandal against him. The bank, in a public notice yesterday,…

Press release
MTN Nigeria signs N200b medium term loan facility

MTN Nigeria has signed a seven-year medium term loan facility with a consortium of 12 Nigerian banks for the sum of N200 billion at the law offices of Aluko and Oyebode, Ikoyi, Lagos. Founding partner and Chairman, Management Board of…

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