Culled—Proshare July 6, 2017/CBN The Central Bank of Nigeria (CBN) on Wednesday, July 5, 2017, announced bids for retail auction by authorized dealers in the inter-bank foreign exchange market, following its intervention in other segments of the market on Monday, July 3, 2017, to the tune of $195 million. Making […]
Money Market
UBA takes its Read Africa Initiative to Ghana
July 5, 2017/UBA Plc On Tuesday July 4th, 2017, The UBA Foundation, the Corporate Social Responsibility arm of the United Bank for Africa (UBA) Plc, continued on its quest to educate and empower African youths as it visited the Accra High School in Ghana. UBA Foundation’s Read Africa Initiative was […]
Nigeria bank shares suffer losses as Etisalat woes stoke sell-off
4/7/2017/Reuters Nigerian banking shares dropped 2.3 percent on Tuesday after regulators said they had intervened to save the country’s fourth largest telecoms firm from collapse as talks with local lenders to renegotiate a $1.2 billion loan failed. Etisalat Nigeria had been negotiating with its lenders for more than five months […]
