United Kingdom Export Finance (UKEF), an arm of the UK Government that works as an export credit agency, has named Ecobank Nigeria as one of its partnering financial institutions to help deliver £3 billion Direct Lending Facility (DLF) support to UK exporters. Under the DLF, UKEF will provide loans to overseas buyers in order to finance the purchase of goods and services from UK exporters.

PZ Cussons Nigeria (PZ) has released its first quarter, Q1 2015 results, which showed that while sales of N15.0 billion was flattish , Year on Year, y/y, both Profit Before Tax, PBT and Profit After Tax , PAT declined markedly, both by 31 per cent y/y to N872 million and N555million respectively.

Heritage Bank has said it will play a leading role at the upcoming Nigeria Customer Service Awards (NCSA) in order to reaffirm its commitment to customer satisfaction and excellence in quality service delivery.

Skye Bank Plc has paid 20 per cent for the purchaseof Mainstreet Bank after signing the agreement for the 100 per cent shares of Mainstreet Bank from the Asset Management Corporation of Nigeria (AMCON). The Agreement was signed at the Lagos office of AMCON last week.

Speakers at a two day summit on Corporate Social Responsibility organised by CSR West Africa in Lagos has called on corporate organisations to ensure inculcation of sustainability elements on their corporate social responsibility strategies.