Money Market

PTA, BTA: CBN Urges Customers to Report Banks Not Selling, Says Enough Dollars Supplied

May 24, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Thursday urged customers to report commercial banks that refuses to sell dollars to them for their  personal travel allowance (PTA) and business travel allowance (BTA) “The Central Bank of Nigeria (CBN) has reliably gathered that some banks […]

UBA Ups Naira Debit, Prepaid Cards Spend Limit to $15,000 Monthly

By Abdulquddus OKELE InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s tier one lender, United Bank for Africa Plc has increased its naira debit and prepaid naira cards spend limit to $15,000 per month. UBA in an email notice to its teeming customers said they can spend more internationally their UBA cards and eligible for […]

AfDB Annual Meetings: Regional cooperation, structural reforms key to economic transformation

Muhammadu Sanusi II, the Emir of Kano and a former Governor of Nigeria’s Central Bank is attending the 2018 Annual Meetings of the African Development Bank Group in Busan, Korea May 22, 2018/AfDB Africa’s development agenda must focus on the socio-cultural and commercial interests of Africans and the upliftment of […]