Uncategorized

Union Bank of Nigeria to Sell Non-Banking Subsidiaries by 2014 End

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Union Bank of Nigeria Plc (UBN) Monday said it will sell off its non-banking subsidiaries by the end of 2014. Emeka Emuwa, group managing director (GMD) of the bank disclosed this at a media parley with business editors at the bank’s stallion plaza in Lagos […]

Biometric registration of bank customers begins April 1

Biometric registration of bank customers will now commence on April 1, over a month and half after the project was inaugurated by suspended Central Bank of Nigeria Governor, Mr. Lamido Sanusi, it was learnt. Sanusi had on February 14 inaugurated the registration exercise on behalf of Bankers’ Committee at the […]

Report predicts naira devaluation as MPC meets today

The headline Consumer Price Index will decline marginally to 7.95 per cent for February, down from 8.0 per cent in January, according to a report by Financial Derivatives Company Limited, a Nigeria-based economic research and financial advisory firm. The firm also predicted the Central Bank of Nigeria’s Monetary Policy Committee, […]