February 24, 2017/Union Bank of Nigeria Plc You can now purchase foreign exchange (FX) at select Union Bank branches. To apply for Personal Travel Allowance (PTA): · You must be at least 18 years old · You must have a Nigerian passport, valid visa and a return ticket. · The flight […]
Money Market
CBN Reintroduces Charges on Cash Deposits, Withdrawals
24/2/2017/CBN Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Thursday reintroduced charges on cash deposits and withdrawals, according to a circular sgined by Dipo Fatokun, director, Banking & Payments System. Department. According to the CBN, individual cash withdrawals or deposits less than N500,000 will attract no charges, however, cash withdrawals […]
Barclays PLC and Barclays Africa Agree Separation Terms
23/2/2017/Barclays Barclays Africa Group today announced that it has agreed terms for operational separation with UK-based Barclays PLC, which is reducing its shareholding in Barclays Africa. The agreement is expected to unlock opportunities for Barclays Africa as an independent pan African bank. “It is a good outcome that enables us […]
