The National Bureau of Statistics on Monday said the country’s external reserves would experience less pressure this year due to a reduction for the demand for foreign exchange to settle high import bills. The bureau said in a report released in Abuja that the projected increase in the value of […]
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External reserves rose by $2.34bn in six weeks
The upbeat recorded in the nation’s external reserves have continued into the month of February as the reserves recorded $2.34bn in six weeks. Data obtained from the Central Bank of Nigeria’s website on Friday showed that the reserves rose to $46.68bn as at February 14, from $44.34bn recorded on January […]
Union Bank transfers legacy pension to administrators
Union bank of Nigeria Plc has continued the transfer of legacy pension for post 2005 pensioners to their Pension Fund Administrators in line with the Pension Reform Act, 2004. A statement by the bank on Friday said the PFAs would consequently take full responsibility for pension payments for the affected […]
