The naira dropped on Monday by 2.3 per cent to 218 against the dollar at the parallel market. The greenback was sold for 213 at the black market on Friday. Foreign exchange traders linked the development to huge demand for the dollar by importers, politicians and investors. “There is an […]
Money Market
FirstBank Supports United Nations International Youth Day 2015
August 28, 2015/ First Bank of Nigeria As part of the initiatives to promote youth empowerment and enterprise, First Bank of Nigeria Limited, Nigeria’s most valuable banking brand, has thrown its weight behind the United Nations International Youth Day 2015. The day which was celebrated globally on August 18, 2015 […]
CBN Says 19 million Bank Customers with BVN, Unveil Measures to Enhance E-Payment
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said 19 million bank customers have been given the Bank Verification Number (BVN), according to Musa Jimoh, deputy director, Banking and Payments System Department of the CBN. Jimoh made this disclosure while representing Dipo Fatokun, director, Banking and Payments […]

