Updates

Fitch Affirms 3 United Bank for Africa Subsidiaries at ‘B-‘; Outlooks Stable

(This statement was made by Fitch Ratings on February 17, 2017_ Lagos (INVESTADVOCATE)-Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDR) of United Bank for Africa Cameroon (UBA CAM), United Bank for Africa Senegal (UBA SEN) and United Bank for Africa Ghana (UBA Ghana) at ‘B-‘. The Outlooks are […]

CBN approves N375/$1 as PTA/BTA for banks

February 20, 2017/Daily Trust By Sunday Michael Ogwu, The Central Bank of Nigeria has concluded moves to fund commercial banks with additional foreign exchange to carter for school fees, medicals and personal traveling allowance (PTA) and Business Travel Allowance (BTA) at a special rate of N375 to a dollar. The […]

Osinbajo Says Aguda House Good Enough

February 19, 2017/Press Release For the umpteenth time, we like to clarify that the proposed plan of the immediate past administration to build a new official residence for the occupant of the Office of the Vice President, including the controversial gatehouse preceded this administration. The project which started in 2010, […]