Author: InvestAdvocate

Access Bank appoints Paul Usoro Non-Executive Director

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Access Bank Plc Friday said it has appointed Paul Usoro as a non-executive director of the bank. According to the bank, Usoro is a seniour advocate of Nigeria (SAN), fellow of the chartered institute of arbitrator and the founder and seniour partner of the law […]

Naira Rebounds From Record Low After Central Bank Intervention

Nigeria’s naira rebounded from a record low against the dollar after the central bank of Africa’s second-largest economy said it intervened in the market and has enough reserves to keep defending the currency. “There is a great need to defend the currency because we don’t want volatility,” Central Bank of […]

Credit to Nigeria’s economy hits N14tr

The aggregate banking system credit (net) to the domestic economy grew by 3.4 per cent monthly to N14.09 trillion, Central Bank of Nigeria (CBN) Economic Report for November, last year has said. The report also said the figure showed a growth of 4.1 per cent compared with that of the […]