Skye Bank Plc says it has collaborated with MoneyGram to launch outbound funds remittance service in Nigeria. According to a statement by the lender, the partnership is significant to both companies, as it enables customers to send funds from Nigeria to family and friends around the globe in naira at […]
Money Market
RBS raises £2bn to pass Bank of England stress test
Taxpayer-owned bank to issue convertible debt under revised plan to raise capital By James Titcomb 16 Dec 2014/The Telegraph The Royal Bank of Scotland has been forced to go to investors for £2bn to placate the Bank of England, it emerged on Tuesday, as the regulator said the taxpayer-owned bank […]
New N100 Note to Circulate WEF Nov’19-CBN
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said the new N100 commemorative note will be officially in circulation with effect from Friday November 19, 2014. A statement from the CBN on Sunday affirmed that Godwin Emefiele, governor of the CBN will officially issue the commemorative N100 […]
