The United Bank for Africa (UBA) Plc has introduced a new product named ‘U-Advance Card, a payment card that allows workers that operate a salary account with the bank to get a credit advance ahead of pay-day. According to the bank, the U-Advance card is an internationally accepted card payment […]

  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 […]