By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender said on Monday Abdulrahman Yinusa, has resigned from the bank as its executive director/CFO. “The resignation becomes effective after his garden leave which commenced on Monday, August 3, 2015,’ the lender said in a statement to the Nigerian Stock Exchange (NSE). Accoording to Diamond […]
Money Market
UBA Revamps Professorial Chair of Finance UNILAG with N52.9 Million
August 3, 2015/UBA Pan-African financial services group, United Bank for Africa (UBA) Plc has resuscitated the UBA Professorial Chair of Finance at the University of Lagos with an endowment sum of the N52.9 million. A cheque to this effect was presented to the Vice Chancellor of the University of […]
Nigeria naira gains on black market as banks reject dollar deposits
Mon Aug 3, 2015/Reuters The naira gained on the parallel market on Monday, after Nigeria’s commercial banks stopped accepting cash deposits in dollars, a move to discourage speculation in the currency. The naira was quoted at 216 on the parallel market on Monday, strengthening by 4.1 percent from 225 naira […]
