After months of controversy generated by the introduction of the non-interest banking in the country, also known as Islamic banking, Jaiz Bank Plc quietly opened its doors for business on Friday, January 6, 2011 in Abuja , the Federal Capital Territory (FCT).  The bank, which has its head office in […]

The Nigerian naira strengthened to a 5-week high against the U.S dollar on the interbank market on Wednesday, supported by increased dollar supply from oil companies.  The naira closed at 159.50 to the dollar, its strongest against the greenback since Jan. 4, and compared with 160.30 at Tuesday’s closed.  Traders […]

Press Release United Bank for Africa Plc has issued a profit forecast for the first quarter of the year. The forecast made available to the Nigerian Stock Exchange (NSE) showed that UBA shall record a Gross Earnings of N59 billion and Profit-Before-Tax of N15.1 billion for the period ending March 31, […]