Money Market

CBN Direct Banks With High Non-Performing Loans Not Pay Dividend

February 19, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and Discount Houses with high Non-Performing Loans (NPLs) not pay dividend to shareholders, according to a circular dated January 31, 2018 with reference number BSD/DIR/GEN/LAB/11/002 and signed by Ahmad Abdullahi, director, Banking Supervision Department, […]

SEC Targets Increased Level of Financial Inclusion by 2020

February 18, 2018/SEC The Securities and Exchange Commission (SEC) has said that it aims to achieve increased level of financial inclusion of Nigerians by the year 2020. Acting Director General of the SEC, Dr. Abdul Zubair stated this during a financial inclusion sensitization campaign held in Karshi, Abuja weekend. Represented […]

UBA Premieres Most Anticipated Movie of the Year #Black Panther

February 18, 2018/UBA Plc Pan African Financial Institution, United Bank for Africa (UBA) Plc again showcased its footprint in the world of entertainment as it premiered the most anticipated movie of the year #BlackPanther, A Night in Wakanda. The movie which was hosted by TV personality Ebuka Obi-Uchendu premiered over […]