Union bank of Nigeria Plc has continued the transfer of legacy pension for post 2005 pensioners to their Pension Fund Administrators in line with the Pension Reform Act, 2004. A statement by the bank on Friday said the PFAs would consequently take full responsibility for pension payments for the affected […]
World News
Naira Gains First Week in Three on Foreign Inflows Into Bonds
The naira gained for a second day, set for its first weekly advance in three, after foreign inflows into Nigerian bonds. The currency of Africa’s biggest oil producer climbed less than 0.1 percent to 157.3 per dollar at 1:25 p.m. in Lagos, the commercial capital. The naira has added less […]
G-20 declare no Currency War
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Group of 20 Nations Saturday said it will not embark on currency war; but rather resolved to achieve a lasting reduction in global imbalances through joint actions. This is contained in a Press Statement from the International Monetary Fund (IMF) after the conclusion of […]
