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CBN Offers 9% Interest Rate Per Annum on N300 Billion Real Sector Support Facility

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Wednesday it’s offering nine (9) percent interest rate per annum on the newly established N300 billion Real… Read more »

Access Bank Offers 35% Discount to Visa Cardholders on Purchase of British Airways Tickets

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Access Bank Plc on Wednesday said it will offer a 35 percent discount to its Visa cardholders on the purchase of British Airways tickets using… Read more »

Barclays Africa says applies for Nigerian licence

Tue Mar 3, 2015/Reuters Barclays Africa has applied for a licence to operate in Nigeria and is “keen” to take over operations in Egypt and Zimbabwe that still belong to… Read more »

UBA unveils banking platform on Facebook

United Bank for Africa Plc has inaugurated an online banking solution called U-Social, designed to promote financial inclusion and to make the bank’s services available to customers regardless of the… Read more »

Naira Firms 1.13% on Interbank Market Closes 199.7/$1

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian naira on Monday firmed 1.13 percent compared to the U.S. dollar on the interbank market in a thin trade; supported by the greenback… Read more »

CBN Say 2,586 BDCs Now Meet New Minimum Capital

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Friday said 2,586 Bureaux De Change (BDCs) operators has met its new minimum capital requirement of N35 million…. Read more »

Standard Chartered gets new CEO, chairman

Standard Chartered Plc has announced changes to its board, describing it as part of an orderly succession plan balancing stability with fresh perspective. According to a statement on Sunday, the… Read more »’s Names Zenith Bank Best Commercial Bank in Africa

March 02, 2015/ The Bank was named Best Commercial Bank, Africa this year in view of its sterling work at home over the past 22 years and given the excellent… Read more »