Thu Apr 9, 2015/Reuters Nigeria raised 183.64 billion naira ($923 million) in Treasury bills with yields falling compared with the previous sale last month, the central bank said on Thursday. The Treasury bill yields fell in tandem with declining yields on fixed assets on renewed investor interest in the local […]

United Bank for Africa Plc says it has deployed a new information technology platform to boost its electronic banking channels. The new platform, called Finacle 10x, will enable customers to carry out quick, efficient and secure services via the bank’s e-platforms such as Internet banking and mobile banking, according to […]

By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Tuesday the interbank closing rate is 197 naira to one (1) dollar. The naira faced the prospect of a sell-off when the CBN removed trading restrictions imposed last year to reduce volatility. The Nigeria’s local currency is down more […]