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 […]
World News
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 […]
Euro Area, Spain Make List of IMF Economies with Economic Imbalances
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) have named Euro Area and Spain as countries newly identified given relatively large fiscal and external imbalances that are likely to persist or emerge over the medium term in the wake of the crisis. This is contained in an update […]
