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Union Bank sells UK Subsidiary to consolidate growth in Nigeria. Union Bank of Nigeria Plc today announced decision to divest of its subsidiary in the United Kingdom in order to focus on Nigeria’s market.
Investors brief: these milky stocks are cuddling amazing gains. Now, there are few sick stocks, and investors are taking position.…
Global actors gather to forge a common front against illicit trade. The United Nations Conference on Trade and Development (www.unctad.org) said that the global economy loses more than US$2 trillion annually due to smuggling, counterfeiting, trafficking of humans and wildlife and other forms of illicit trade that hold back progress on the global development agenda.
Zenith Bank Partners Facebook on free SME Digital Workshop. Zenith Bank Plc www.zenithbank.com says it has partnered Facebook to offer small and medium scale enterprises owners a free digital workshop starting on Wednesday this week.
Access Bank Marathon Winners to share $500,000. Access Bank Plc (www.accessbankplc.com) has offered the cumulative price of 500,000 USD be won by contestants in this year’s edition of marathon billed for February 8.
Adesina pitches investors, says Africa, UK should be significant trade partners. The African Development Bank (www.AfDB.org) President, Adesina Akinwumi, has said that Africa and the United Kingdom (UK) should be significant trading partners, urged UK investors to ride on the wave of the African Continental Free Trade Area agreement.
Foreign Exchange: CBN’s intervention keeps Naira stable. The Nigeria’s local currency, Naira, having being on live support for over two years when the Central Bank of Nigeria (www.cbn.gov.ng) introduced multi tiered exchange regime.
Pension Fund Assets hit N10 trillion in November, 2019. The Pension Fund Assets as at November 30 has been valued at N9.992 trillion, which is about N8 billion away from N10 trillion mark.
Nigeria’s headline inflation hits 11.98%. The Nigeria’s headline inflation for December settled at 11.95 percent year on year, the National Bureau of Statistics has said.
NECA lauds Finance Act, urges compliance.