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AMCON to release Enterprise’s bid price after payment

Asset Management Corporation of Nigeria will release the amount to be paid by the preferred bidder for Enterprise Bank after necessary payments must have been made, AMCON’s spokesman, Mr. Kayode Lambo, indicated on Tuesday. “The preferred bidder is yet to pay. We have appointed advisers handling the entire process. As […]

Nigeria’s key interest rate to remain on hold into next year: Reuters poll

Nigeria’s central bank is likely to leave monetary policy unchanged when it meets on Friday, but will be more accommodative next year if the naira can hold firm ahead of an expected U.S. interest rate rise, a Reuters poll shows. Some of Nigeria’s emerging market peers such as South Africa […]

UBA Verve Cardholders Receive 35,000 Naira eCash Rewards

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE) -United Bank for Africa (UBA) Plc on Tuesday said it will reward its Verve cardholders to the tune of 35,000 naira as it launched an offer tagged “UBA Verve Rewards”. The lender in a statement made available to InvestAdvocate said the reward promo is […]