The Central Bank of Nigeria weakened its exchange rate peg to N197 against the dollar on the interbank market on Friday, down from N196.97, Reuters reported quoting foreign exchange dealers. Traders said the regulator set the new rate for market closing price on Thursday, making this the 11th adjustment since […]
Money Market
Union Bank Unveils ‘UnionKorrect’ to Encourage Savings
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s lender, Union Bank of Nigeria Plc (UBN) said on Monday it has launched “UnionKorrect” a savings product to help customers develop savings culture. “The UnionKorrect allows customers win extra cash up to N1 million in quarterly draws when they save,” the lender said in […]
FirstBank Supports COSON Week 2015
October 30, 2015/First Bank of Nigeria Ltd First Bank of Nigeria Limited, Nigeria’s most valuable bank brand through its First@arts initiative has partnered the Copyright Society of Nigeria (COSON) in hosting the COSON Week 2015. This partnership is in line with the Bank’s initiative to drive perception change, grow brand […]
