UBA’s quarterly profit rises 29% to N53bn on rate hikes
United Bank for Africa (UBA) reported a profit surge of 29.1 per cent in the three months to March, profiting from a series of rate hikes by the Central Bank of Nigeria that helped…
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FX trading
CBN wrangles abokiFX on economic manipulation
This year has witnessed several activities within the country's apex banking authority in the quest to forge a more vibrant national economy.
While Nigeria and the rest of the world…
Stakeholders set to boost forex trading literacy, investment in Nigeria
In the quest to boost literacy and improve skills in foreign exchange (Forex) trading amongst Nigerians, MBA Forex limited in partnership with AFX group and Fintec global market seek to open…
CBN to engage with JPMorgan as FX trading rebounds
The Central Bank of Nigeria (CBN) will engage with JPMorgan to ensure that Nigerian bonds remain on its emerging markets bond index (GBI –EM) as a result of the recent negative watch placed…