By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s rescued lender, Union Bank of Nigeria Plc (UBN) said on Friday it has bagged the internationally recognised ISO27001:2013 standard for Information Security. “The bank was awarded the certificate following a rigorous audit process conducted by the British Standards Institute (BSI), in partnership with Information […]
Money Market
CBN sells N167bn Treasury Bills as yields fall
The Central Bank of Nigeria says it has sold Treasury bills worth N167bn at its Wednesday auction. This was less than the N447.81bn worth of bids submitted by investors. Bids at the last auction stood at N318.58bn. The CBN said the yields fell across the board at the auction on […]
Naira Appreciates 0.66%, Trades N225/$1 in Black Market
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Thursday appreciated 0.66 percent, trading at N225 to a dollar in the parallel market compared to the value of N226.50/$1 it exchanged the previous day. Proshare’s daily exchange rate monitor say the naira traded against the British pounds sterling and euro at […]
