By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, Union Bank of Nigeria Plc (UBN) on Friday announced a N4 billion loan to PNG Gas Ltd to finance Egboama Gas Plant. The lender in statement made available to InvestAdvocate say the facility will provide the required funding for the refurbishment […]
Money Market
Naira Traded N210 to One Dollar in Black Market, Weakens 0.93%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Wednesday traded N210 to one (1) dollar in the black market same position it traded the previous session, Proshare daily exchange monitor said. “The existing level of activities in the parallel market remains encouraging,” the report added. However, Investment One Research […]
CBN promises to enhance e-payment efficiency
The Central Bank of Nigeria has promised to enhance the efficiency of electronic payment system in the country. A statement by the lender on Tuesday quoted day the Principal Manager, Banking and Payment Systems Department, CBN, Mr. Emmanuel Udo, as saying this in Osogbo while delivering a lecture entitled: ‘Recent […]
