March 3, 2016 By Oyetunji Abioye The naira gained six per cent against the United States dollar at the parallel market on Wednesday, closing at 310 against the greenback, foreign exchange dealers said. The local currency, which went for between 325 and 330 for one dollar on Tuesday, had been […]
Tag: Central Bank of Nigeria
Forex: 200 firms risk closure, says MAN
March 3, 2016 By Anna Okon Of the over 2,000 manufacturing firms in the country, more than 200 will be closing shop in the next two months due to lack of raw materials to continue production, according to findings by our correspondent. The President, Manufacturers Association of Nigeria, Dr. Frank […]
UBA Says Board Approves 2015 Audited Accounts
By InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global Bank, United Bank for Africa Plc (UBA) said on Wednesday its board of directors have approved its audited financial statements for the year ended December 31, 2015, subject to the approval of the Central Bank of Nigeria (CBN). The lender said the decision is coming […]
