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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 […]

CBN to Penalize Banks for Proscribing Unionism

By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Wednesday said it will henceforth penalize banks for proscribing unionism. This was contained in a circular dated July 10, 2014 with reference number BSD/DIR/GEN/LAB/07/19 and signed by Tokunbo martins, director of banking supervision and posted on the CBN’s website. […]

200 BDCs have met recapitalisation requirements —Emefiele

The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, on Wednesday disclosed that over 200 Bureau de Change companies had met the new guidelines introduced by the bank recently. The CBN had recently increased the capital base of the BDC companies from N10m to N35m, among other guidelines. It gave […]