World News

Nigerian central bank bars loans to big debtors post-crisis

Nigeria’s central bank has banned loans to 113 firms, including the country’s two major airlines, which have failed to repay debts after a 2009 financial crisis that nearly brought down the banking system, an internal document obtained by Reuters on Sunday said. The ban covers firms whose bad debts were […]

UBA gets ISO 27001 certification for Internet Banking

United Bank for Africa has achieved the distinguished mark of ISO 27001 Certification for its Internet Banking application and Data Centre operations. A statement by the bank on Wednesday, noted that this is following the bank’s commitment to strengthening the security of services provided to customers. The statement noted that […]

President Jonathan Suspends N5,000 Note

  Lagos (INVESTADVOCATE)-President Goodluck Jonathan Thursday suspended the planned introduction of the  single N5000 note www.investadvocateng.com, has gathered. Reuben Abati, Special Adviser to the President on Media and Publicity, confirmed this to a sesion of the Media. According to him, Federal Government (FG) took the decision in order to give […]