Money Market

Emefiele for national credit reporting conference

The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, will on Wednesday (today), declare open the second National Credit Reporting Conference. The conference is being organised by the Business Development & Investment Limited in conjunction with the CBN and Credit Bureau Association of Nigeria. The conference, which is themed: ‘An […]

UBA Introduces Priority Pass to Female Ruby Account Customers

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Pan-African lender, United Bank for Africa Plc, (UBA) on Tuesday said it has introduced ‘’Priority Pass’’ a new value added services offered by the bank to female Ruby Account Customers. The “ Priority Pass ” grants customers access to over 600 VIP lounges in more […]

Nigerian naira closes at new low of 173.20, despite central bank intervention

Nov 17, 2014/Reuters Nigeria’s naira closed at a new low of 173.20 against the dollar on Monday, down 1.21 percent in volatile trades, despite central bank intervention to prop up the currency, dealers said. The regulator asked lenders to bid for $2 million each in a move to shore up […]