Kennedy Uzoka, GMD/CEO of UBA

S&P Assigns ‘B/B’ Ratings, Stable Outlook on UBA

International Rating Agency, Standard and Poor’s (S&P) assigned  its ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for

AfDB President Sees Bright Future for Africa, India

Akinwumi Adesina, African Development Bank President has said that Africa-India trade rose five-fold in the last decade and is forecast to double – to US $100 billion –

Kemi Adeosun, finance minister

Nigeria Lending Rate Falls Sharply as Liquidity Crunch Eases

Nigeria's overnight lending rate dropped to 26 percent on Friday from 65 percent a day earlier after the central bank refunded excess naira offered in an earlier dollar

Verve Card Offers N1000 Discount to Payporte Shoppers

Verve International, Africa’s payment card brand has announced a special offer for all PayPorte shoppers using Verve cards. The offer of N1000 discount on all purchases

Payment Card Use Sees Double-digit Global Growth in 2016

Global card purchase volume for goods and services (excluding cash advances on credit cards and cash withdrawals on debit cards), grew 5.8 percent to $20.606 trillion in

Markets Stabilize but Investors Remain Alert

FXTM Research Analyst Lukman Otunuga comments on the Dollar, Sterling and U.S Shale. Global stocks displayed subtle signs of stability during Friday’s trading session as

FG Urges Islamic Bank to Support Implementation of ERGP

The Federal Government has appealed to the Islamic Development Bank (IsDB) to help fund the current administration’s Economic Recovery and Growth Plan (ERGP). Of

President Donald Trump

FXTM Analysis - Trump Becomes Gold's Best Friend

FXTM Research Analyst Lukman Otunuga comments on Gold amidst Trump uncertainty. Gold swiftly regained its safe haven lustre on Wednesday after wave upon wave of

CBN Caps Transaction Alert Fees to N4 per SMS

Central Bank of Nigeria (CBN) has capped the fees charged by the banks on transaction alerts to N4 per SMS. The apex bank also restricted alerts to customer-induced

Report Predicts Growth in Global ATM Deployments Through 2021

Changing lifestyles and rising consumer standards of are major factors boosting the growth of the global ATM market, according to a new report by Zion Market Research, "