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CBN orders banks to submit sample cheques

The Central Bank of Nigeria has ordered Deposit Money Banks to submit their sample cheques before and after production, as well as post personalisation, to its Cheque Standard Administration Unit for inspection, analysis and approval. The move, the central bank said, would help to ensure compliance with standard and also […]

Nigeria GT Bank sees 15-20 pct loan growth this year – CEO

Nigeria’s Guaranty Trust Bank expects to increase loans by 15-20 percent this year after growth of 29 percent last year as it seeks opportunities in telecom, oil and gas and manufacturing, its chief executive said on Thursday. GT Bank CEO Segun Agbaje told an analyst conference call that foreign currency […]

We Have in Excess of N170 Billion in Capital-Emuwa

Lagos (INVESTADVOCATE)-InvestAdvocate in its usual manner on March 17, 2014 captured a Question and Answer Session with the management of Union Bank of Nigeria Plc with business editors. Below are excerpts of a Q & A with session We would very much like to hear more about your medium to […]