Press release United Bank of Africa (UBA) Plc is set to build a new generation of loyal customers with its new suit of products tailored to meet the unique needs of teenagers and young adults. The product “Next-Gen” account, which was launched at Intercontinental Hotel on Monday, is basically a […]
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Nigerian naira firms on NNPC dollar sale talk, central bank comments
The Nigerian naira firmed marginally against the dollar on the interbank market on Monday on speculation that state-owned energy company NNPC would sell the U.S. currency to banks on Tuesday. The naira closed at 162.65 to the dollar, compared with 162.95 per dollar at Friday’s close. Traders said many banks […]
CBN Extends Cashless to 30 Other States, Direct Banks to Commence Enlightenment
By Yakubu LAAH InvestAdvocate Lagos INVESTADVOCATE)-The central bank of Nigeria (CBN) extended its cashless policy to 30 remaining states in the federation and has directed banks to commence enlightenment campaign in those states. In a circular dated June 03, 2014, signed by Dipo Fatokun, director, banking and payments system department […]