World News

CBN to Change N5, N10, N20 & N50 to Paper Notes

By Our Correspondent Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has concluded plans to replace the polymer notes of N5.00, N10.00, N20.00 and N50.00 to paper notes reports our Correspondent monitoring the International Monetary Fund (IMF) and World Bank Spring Meeting in Washinghtion, United States. Tunde Lemo, Deputy Governor, Operations […]

Competition forces banks to reduce charges

Reprieve seems to have come for bank customers as competition among the banks is driving down the cost of running accounts, ADEMOLA ALAWIYE writes. Dr.  Thomas Abah is a long-standing customer of one of the Deposit Money Banks located on Oba Akran Avenue in Ikeja, Lagos. He had gone to […]

World Bank asks Nigeria to end extreme poverty

The World Bank has asked Nigeria and other developing nations across the globe to muster the political will to end extreme poverty by the year 2030. The Development Committee of the bank, which rose from its meeting on Saturday, called for the replenishment of the International Development Association Fund, the […]