Category: Money Market

UBA Introduces Video Live Chat with Co-browsing Technology

In recent times, customer behaviour and expectations are ever-evolving and with this challenge, comes the need to meet their needs as well as ensure, new offerings are at the forefront of technological evolution. On the back of this development, UBA a leading innovative player in Financial Services is finding new ways to communicate and engage…

Emefiele Says FX Inflow Via Investors’ Window Tops $10bn In Six Months

….. Receives Forbes ‘Best Of Africa Award’ At WBG/IMF Annual Meetings The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, said foreign exchange inflows into Nigeria through the Investors’ and Exporters’ FX Window has reached a whopping $10 billion since the window was launched six months ago, Emefiele who made the announcement on…

Union Bank presents ‘Facts Behind The N50bn Rights Issue Offer’ at the NSE

The management of Union Bank was at the Nigerian Stock Exchange (NSE) to address key Capital Market stakeholders concerning the Bank’s ongoing N50 billion Rights Issue.   L – R shows Joe Mbulu, Transformation Director, Union Bank of Nigeria Plc; Ade Bajomo, Executive Director, Market Operations and Technology, The Nigerian Stock Exchange (NSE); Emeka Emuwa, Group…

Zenith Bank: Impressive performance in profitability, amid pressure on Credit Loss

Zenith Bank Plc for the half year ended June 30, 2017 reported growth across most line items, including gross earnings and profit, but showed significant increase in Impairment loss on financial assets. The leading bank made a 30 per cent provision on its exposure to 9Mobile (formerly Etisalat Nigeria) which resulted in a surge in…