Money market

Q3 2024: UBA PBT up by 20% to N603 billion

The United Bank for Africa (UBA) Plc, has announced its unaudited results for the third quarter ended September 30, 2024 posting a 20.2 per cent increase in Profit before Tax (PBT) to close at N603.48 billion The bank’s financial report…

Govt eyes improved credit access with VREG

The Federal Government has revealed that it is looking at improving access to credit and supporting the insurance sector using the National Vehicle Registry. This was disclosed by Minister of Finance and Coordinating Minister of the Economy, Wale Edun, in…

Raffle: Ecobank rewards 88 customers with N8m

Ecobank Nigeria has rewarded 88 customers with N8 million during its monthly and quarterly raffle draws under the ‘Ecobank Super Rewards, the Millionaire Geng Season’. 80 customers won N50,000 each in the September draw, totaling N4 million, while eight winners…

FAAC: FG, States, LGs share N1.298trn for Sept

By Seun Ibiyemi The Federal Accounts Allocation Committee (FAAC), has shared N1.298 trillion among the Federal Government, states, and the Local Government Councils (LGCs) for September. This is according to a communique issued at the end of FAAC meeting for…