Money Market

Global Money Week: Union Bank Promotes Financial Inclusion in School

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s rescued lender, Union Bank of Nigeria Plc (UBN) said last Friday as part of this year’s Global Money Week, it adopted Uyo High School, Oron Road, Uyo in Akwa Ibom State, South-South Nigeria to promote financial inclusion. “The adoption is in furtherance of a […]

Naira Traded N227/$1 in Black Market

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The naira on Friday traded N227/$1 to decline by 0.44 percent compared to N226/$1 it traded the previous day. Proshare daily exchange rate monitor say the BDC’s buying rate is around N224 to N225 to a dollar band. “The very weak demand for pounds has […]

Ecobank Director André Boboé Bayala Dies at 64

By InvestAdvocate Lagos (INVESTADVOCATE)-Pan- African lender, Ecobank Transnational Incorporated (ETI) on Friday announced the demise of its director André Boboé Bayala at 64 years. The pan-African lender in an issuer’s announcement with the Nigerian Stock Exchange (NSE) said Bayala is a national of Burkina Faso, who passed away on Wednesday, […]