United Bank for Africa Plc has introduced MasterCard Verve debit cards for the banking convenience of its customers. The bank said on Friday that the introduction was in line with its commitment to offer best-in-class e-products and payment services. According to the bank, the UBA MasterCard Verve is a naira-linked […]
Tag: Naira
‘Naira’ll appreciate with improved productivity’
The Executive Programme Director, Self-Reliance Economic Advancement Programme, (a micro-finance institution), Mr. Olatunde Oladokun, has said that the depreciation of the naira is negatively affecting financial institutions, business transactions and economic development of the country. The naira has continued to decline, prompting some local currency dealers to fear that it […]
Forex auction: CBN increases dollar sales to $400m
In a bid to reduce the pressure in the foreign exchange market, the Central Bank of Nigeria on Wednesday increased its dollar sales to $400m at the bi-weekly auction of the apex bank, from $300m sold on Monday. The CBN sold $400m at N155.90 to the United States dollar, compared […]
