The Central Bank of Nigeria has said it will take practical steps to prevent another crisis in the banking sector. It has, therefore, announced plan to release a comprehensive framework for the resolution of banking crisis. The Deputy Governor, Financial Systems Stability, CBN, Mr. Kingsley Moghalu, said at a forum […]
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UBA Gives Out Free Debit MasterCard in New Promo
Press Release Lagos; 09-10-2012: Spurred by the commitment to drive the Cashless initiative and provide value added services to customers, United Bank for Africa (UBA) Plc is introducing Free UBA Debit MasterCard to the first 100,000 new UBA debit card customers. The free debit cards are being doled out to […]
Nigeria naira firms on offshore investors’ dollar flow
Nigeria’s naira firmed against the U.S dollar on the interbank market on Wednesday, supported by dollar inflow from offshore investors buying local debt and waning demand for hard currency, traders said. The local unit strengthened to 157.25 to the dollar, firmer than the 157.39 it closed at on the previous […]

