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Naira Appreciates By 1.28%, Sells At 385 To $1 At Parallel Market

The naira yesterday maintained its upward performance against the dollar in the parallel market, appreciating to N385 per dollar.   A survey by Vanguard newspaper reveals that the parallel market exchange rate dropped from an average of N390 per dollar last week to N385 per dollar at the close of business yesterday, implying N5 or…

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UBA Grows Profit Before Tax By 32%, Declares Final Dividend Per Share Of 55kobo

United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross earnings and profits, an attestation to its resilience, enhanced productivity and geographic diversification, evident in the impressive contribution from its African subsidiaries. The Group recorded an…

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