Nigeria’s naira firmed marginally on the interbank market on Monday after oil companies sold dollars to buy the local currency and dollar demand from importers slowed, traders said.   The naira closed at 162.28 to the dollar, slightly firmer than Friday’s close of 162.38.   A unit of France’s […]

By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-The Association of Bureaux De Change (BDC) Operators of Nigeria (ABCON) has protested the new licensing requirements affirming it’s an indirect attempt to empower few operators in the sub-sector and consequently force many of them out of the market. Aminu Gwadabe , president of ABCON said […]

By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) on Friday announced that its card offerings – Visa and MasterCard are now accepted on the PayPal platform. Fatai Baruwa, head of e-business of Union Bank in a Statement made available to InvestAdvocate said “We are glad that PayPal has […]