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Union Bank Notifies Nigeria’s Exchange on appointment of new Directors

By InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc has notified the Nigerian Stock Exchange (NSE) of the appointment of new Directors to the Board of the Bank. This was contained in a Notice to the Nigeria’s Exchange Tuesday and obtained by www.investadvocateng.com in Lagos Nigeria. “The Bank has notified The […]

China gives Japan approval to buy $10bn in state bonds

China has given Japan the go ahead to buy $10bn (£6.4bn) of government bonds as Beijing tries to create a more international role for its currency.  China wants the yuan to become an alternative global reserve currency to the US dollar.  Last year, Beijing and Tokyo agreed to promote the […]

Nigeria economy picks up on non-oil sector growth

  * Nigeria GDP grows 7.68 pct in Q4 2011 vs 7.40 in Q3  * Oil output falls in Q4 from year earlier  * GDP expected to jump after rebasing later this year  * Poverty increasing, in spite of growth   Nigeria’s economy grew at a faster rate in the […]