Author: InvestAdvocate

Modalities on Implementation of Cash Policy for Cash-less Lagos

This is to provide clarifications on the application of the Cash Policy for the Cash- Less Lagos pilot which is set to commence on January 1st 2012. Please note the following: ·Cash-less Lagos will commence on January 1st 2012. ·The following aspects of the policy shall apply from January 1st […]

UBA shareholders endorse restructuring plan

United Bank for Africa (UBA) Plc, the pan African financial services Group with presence in 19 countries across Africa, has taken necessary steps towards restructuring into a financial services holding company, riding on the approval of shareholders at the court ordered meeting of shareholders, which held on Thursday December 29, […]

Eurozone faces tough hurdles early in 2012

After a turbulent 2011, the 17 countries that use the euro will be quickly confronted in the new year with major hurdles to solving their government debt crisis, just as the eurozone economy is expected to sink back into recession. With government finances under pressure as growth wanes, the eurozone […]