Author: InvestAdvocate

Analysis: Nigeria’s property boom: only for the brave

On one of the most exclusive streets in Nigeria’s capital sits a crumbling mansion with an unwelcoming message painted at its entrance: “BEWARE! THIS HOUSE IS NOT FOR SALE”. The warning refers to a popular property scam. In the most elaborate version, robbers break into your house while you are […]

Bank lending rises to N13.8tn

Bank lending to the domestic economy increased by four per cent to N13.8tn at the end of July, according to the Central Bank of Nigeria’s latest monthly report. The report, available on the bank’s website, stated that the four per cent increase was on month-on-month basis, compared with the growth […]

UBA introduces instant PIN for debit cardholders

United Bank for Africa Plc on Sunday said it had introduced an innovation allowing customers to immediately select their Personal Identification Numbers for their debit cards. The development, according to a statement by the bank, eliminates the current process of handing out PINs in sealed mailers. The bank stressed that […]