Financial analysts have predicted a decline in the inflation rate for the month of May to 8.9 per cent, from 9.1 per cent recorded in April. FSDH Merchant Limited, in a report titled: ‘Inflation Watch’ made available to our correspondent on Thursday, said, “Our model indicates that the price movements […]
World News
DMO sells N21bn in bonds, as yields rise
The Debt Management Office on Wednesday sold N21.05bn ($131.56m) worth of bonds with maturities ranging from five years to 20 years and all with higher yields at a Wednesday auction. Data from the DMO showed that all notes were re-opening of previously issued bonds, and the DMO sold only a […]
UBA Reports 19% Revenue Growth in African Operations
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The United Bank for Africa Plc (UBA) Thursday said it has recorded 19 percent (19%) growth in its African operations. This is contained in a Statement by Charles Aigbe, Divisional Head, Marketing & Corporate Relations Directorate of the Bank and made available to InvestAdvocate in Lagos Nigeria. […]
