Money Market

Phillips Oduoza, UBA CEO, Bags Leadership “Banker of the Year” Award

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- Phillips Oduoza, , group managing director and CEO of United Bank for Africa (UBA) Plc, has bagged the Leadership “Banker of the Year” award on Sunday at the annual   LEADERSHIP Conference and Awards held in Abuja, a statement on Tuesday by Ramon Nasir, head, media […]

Q2 2014 Report: CBN Says Currency-in-Circulation Fell by 4.9%

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Currency-in-circulation in Nigeria fell by 4.9 percent at N1, 497.1 billion at the end of the second quarter of 2014, compared with the decline of 11.4 and 5.5 percent at the end of the preceding quarter and the corresponding quarter of 2013, respectively, the Central […]

UBA, MoneyGram Launch ‘Naija Sends’ Outbound Money Transfer Abroad

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Africa’s global lender, United Bank for Africa Plc (UBA) on Monday said it has partnered world money transfer firm, MoneyGram to launch ‘Naija Sends’ outbound money transfer from Nigeria to over 200 countries abroad. The outbound money transfer services will enable Nigerians send money abroad […]