Nigeria’s naira currency hit a 1-month high against the U.S dollar on the interbank market on Wednesday, supported by dollar flows from two multinational oil firms and offshore investors in local debt, traders said. The naira closed at 157.45 naira to the dollar on the interbank, compared with the 157.70 […]
Author: InvestAdvocate
Nigeria’s Union Bank Report N13.6 billion Half Year Profit
By InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) Wednesday reported N13.6 billion profit for the Half Year Ended June 30, 2012. This is contained in its Unaudited Second Quarter Report to the Nigeria Stock Exchange (NSE) and made available to www.investadvocateng.com in Lagos Nigeria. The Bank in the review […]
USAID appoints Elumelu to Advise on Leveraging Global Private Capital for Africa’s Development
Press Release: LAGOS, Nigeria, (September 24, 2012)â€â€ÂHeirs Holdings today announced that its Chairman, Tony O. Elumelu, C.O.N., has been appointed to the United States Agency for International Development’s (USAID) Private Capital Group for Africa (PCGA) Partners Forum. The Partners Forum is comprised of several leaders in industry convened to provide […]

