The Central Bank of Nigeria has asked state governments to furnish it with the details of their loan obligations latest today (Wednesday). The directive was contained in a statement issued late on Monday night by the Federal Ministry of Finance. The statement said the directive was given by the CBN […]
Money Market
UBA Introduces Simplified Process for BVN Registration
July 6, 2015.UBA Lagos, Nigeria. July 6, 2015. United Bank for Africa (UBA) Plc has introduced a simple, convenient and hassle free process for customers of the bank to submit their Biometric Verification Numbers (BVN). Leveraging on its robust information technology infrastructure, on Monday July 6, 2015 the bank […]
Naira Traded at Record low of N232/$1 on Black Market
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Monday traded at record low of N232 to a dollar on the parallel (black) market down from N230 traded last Friday, according to a Reuters report. The report says the naira has been under the ropes on the black market after the Central […]
