•Gains maximum 5%
The stock market responded to the announcement of Godwin Emefiele as the new managing director designate of Zenith Bank plc, raising the share price by the maximum five percent.
The appointment brings to two the number of banks that have complied ahead of August deadline by the CBN. UBA, weekend announced Phillips Oduoza as its chief executive designate while Skyebank is yet to do same. The appointments are subject to Central Bank of Nigeria (CBN) confirmation.
Emefiele, which ...
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Added January 25, 2010
from Businessday Nigeria