United Bank for Africa Plc has said it is collaborating with Multilateral Investment Guarantee Agency, the political risk insurance and credit enhancement arm of the World Bank Group, to mobilise capital for infrastructure projects in Africa. A statement by UBA on Tuesday quoted the Vice-President and Chief Operating Officer of […]

Nigeria’s naira currency held steady against the dollar on the interbank market on Monday, supported by sales of the U.S. currency by two major energy companies. The local unit closed at 164.95 to the dollar, the same level it closed at on Friday. The Nigerian unit of ExxonMobil sold $50 […]

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-One of Africa’s biggest lenders, Zenith Bank Plc Monday announced the appointment of Peter Olisamedua Amangbo as group managing director/chief executive officer (GMD/CEO) designate of the bank. The bank in a statement to the Nigerian stock exchange (NSE) said the appointment will take effect from […]