Nigeria said it will auction 89.75 billion naira ($556.93 million) worth of 10-year sovereign bonds with different maturity dates on Wednesday at its first monthly debt auction of the year, the Debt Management Office (DMO) said on Monday.   The debt office said it will sell 19.75 billion naira in […]

Press Release By InvestAdvocate Lagos (INVESTADVOCATE)-Bank customers will not incur charges for using Point of Sale (PoS) machines, the Central Bank of Nigeria (CBN) has said. In a statement, it said that the cost of such deals will be borne by merchants, which will pay 1.25 per cent of the […]

Press Release The  Union Bank of Nigeria Plc`s recapitalisation process was further boosted last Friday with the Appeal Court`s dismissal of the suit filed  by some aggrieved shareholders to stop it by challenging the authority of the Central Bank of Nigeria to protect the financial system by the actions taken in […]