The Central Bank of Nigeria’s Monetary Policy Committee will leave interest rates unchanged for the 17th time in a row on Tuesday as it tries to balance controlling inflation and supporting the naira with fostering growth, Reuters reported quoting its poll. The MPC meeting will be the first chaired by […]
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CBN may revoke licences of 2400 BDCs –Investigation
Up to 2,400 Bureaus de Change are unlikely to meet the new capitalisation requirements of the Central bank of Nigeria and will subsequently lose their operating licence at the expiration of the July 31, 2014 deadline set by the central bank, investigation by our correspondent has revealed. The CBN had, […]
Union Bank Offer N1 Billion Support to Wakanow.com
By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) on Friday said it has offered N1 billion facilities to Nigeria’s first and leading online travel company, wakanow.com for its affiliate agents. This is contained in a statement by Francis Barde, head, media & especial projects of the bank and […]

