8/6/2016/AfDB The Board of Directors of the African Development Bank Group (AfDB) through its private sector window has approved a USD 150-million line of credit (LOC) to United Bank for Africa Plc (“UBA”) in Nigeria. UBA, one of the largest commercial banks in Nigeria, was incorporated in 1961 and operates […]
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NSE Halts 3-Day losing Streak, Rebounds 0.69% on Bargain Hunting across Blue-Chips
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Equities Market on Thursday halted a three-day losing streak as the Nigerian Stock Exchange (NSE) all-share index (ASI) rebounded by 0.69 percent to close at 27,284.83 points, while market capitalisation rose by N64.10 billion to N9.37 trillion. “Today’s rebound consequently pared the Month-to-Date […]
Nigeria leads the way promoting ridesharing in Africa
By Ebi Atawodi, General Manager, Uber West Africa At the start of the last century, just one in seven people worldwide lived in cities. Today it’s half, and by 2050 (http://bit.ly/1N3gAH6), the UN predicts (http://bit.ly/1N3gAH6) another 2.5 billion people will be living in urban areas. This has brought huge benefits, with the growth […]
