The naira strengthened, paring a weekly loss, as foreign investors brought dollars into the country to buy Nigerian debt after sales this week. The currency of Africa’s biggest oil producer gained 0.2 per cent at N157.2 against the dollar in Lagos, the commercial capital. The naira has depreciated less than […]
World News
Bank of America begins moving $50 billion of derivatives to UK: FT
Bank of America (BAC) has begun moving $50 billion of derivatives out of its Irish-based operations into its British subsidiary, The Financial Times reported on its website on Sunday, citing people close to the operation. The move will allow the world’s number 10 bank by assets to benefit from tax […]
Access Bank Appoints New Non-Executive Director
By InvestAdvocate Lagos (INVESTADVOCATE)-Access Bank Plc Friday said it has appointed Ernest Ndukwe a Non-Executive Director to its Board. This is contained in a Press Statement from Fafore Olusegun Michael, Team Lead, Media Relations of the Bank and made available to www.investadvocateng.com in Lagos Nigeria. “The appointment has been ratified […]
