Author: InvestAdvocate

CBN grants UBA mobile payment licence

By Okechukwu Nnodim The Central Bank of Nigeria has granted the United Bank for Africa Plc the final licence to operate a mobile payment service. The service, which the bank named U-Mo, was among the seven licences granted by the apex bank early last year. According to the bank in […]

166 Local Firms to Invest N1.5 Trillion in Real Sector in one year- Aganga

Lagos (INVESTADVOCATE)-166 Non-oil indigenous firms are set to invest N1.5 Trillion in the Nigerian economy within the next 12 months. Olusegun Aganga, Minister of Trade and Investment, made this affirmation Tuesday at a meeting with the Agro-business sector in Lagos Nigeria. According to him, the investment figure was a conservative […]

Strauss-Kahn Drama Ends With Short Final Scene

By JOHN ELIGON Published: August 23, 2011   The coda to one of New York’s most gripping and erratic criminal dramas lasted all of 12 minutes. A prosecutor spoke first, quickly summarizing what had been obvious for weeks: the Manhattan district attorney’s office had little confidence in its case, and […]