World News

CBN offers $300m for sale at forex market

The Central Bank of Nigeria on Wednesday offered $300m for sale at the foreign exchange market, as part of its weekly move to intervene in the market. According to a circular dated July 10, 2013, a copy of which was posted on the apex bank’s website, authorised dealers were invited […]

UBA Launches Exclusive World MasterCard

United Bank for Africa (UBA) Plc has introduced the World MasterCard, which is the most exclusive card in the MasterCard staple. The introduction of the UBA World MasterCard is consistent with the Bank’s strategic focus of providing appropriate product to every customer segment, including but not limited to the highly […]

FirstBank Signs $100m SME Facility Agreement with China Bank

– In its bid to boost lending to small and medium scale enterprises in Nigeria, and also stimulate economic growth in the country, Nigeria’s Best Banking Brand, First Bank of Nigeria Limited Tuesday signed a $100m facility agreement with China Development Bank (CDB), a leading bank in the Peoples’ Republic […]