The Central Bank of Nigeria has said it plans to issue N70.65bn ($445.18m) in treasury bills at its regular bi-monthly debt auction next week as part of measures to tighten liquidity. The Apex bank, which disclosed this on Wednesday, said the treasury bills would range from three-month to six-month maturities. […]
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7 Banks Subpoenaed in Libor Investigation
Seven banks have received subpoenas as part of an investigation into the alleged manipulation of the London Interbank Offered Rate, according to a source close to the case and company filings. The banks that were subpoenaed by New York State Attorney Eric Schneiderman include JPMorgan, Citigroup, Barclays and UBS. In […]
UBA appoints 2 new Directors
Press Release Lagos; 12/08/2012: United Bank for Africa Plc is pleased to announce the appointment of Mrs. Rose Ada Okwechime and Mrs. Owanari Duke to the Group board. The appointments, made at a meeting of the Board of Directors held on July 13, 2012, bring to four the number […]
