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Shares gain, dollar up against yen after G20 backs Japan

The dollar strengthened towards 100 yen on Monday and shares rose after the G20 accepted Japan’s bold stimulus policies, helping to counter the gloom over the global growth outlook. In a communiqué after a two-day meeting, the G20 said it would be “mindful” of possible side effects from extended periods […]

CBN to Change N5, N10, N20 & N50 to Paper Notes

By Our Correspondent Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has concluded plans to replace the polymer notes of N5.00, N10.00, N20.00 and N50.00 to paper notes reports our Correspondent monitoring the International Monetary Fund (IMF) and World Bank Spring Meeting in Washinghtion, United States. Tunde Lemo, Deputy Governor, Operations […]

Competition forces banks to reduce charges

Reprieve seems to have come for bank customers as competition among the banks is driving down the cost of running accounts, ADEMOLA ALAWIYE writes. Dr.  Thomas Abah is a long-standing customer of one of the Deposit Money Banks located on Oba Akran Avenue in Ikeja, Lagos. He had gone to […]