Loan recovery is a big challenge in the microfinance industry because we don’t have the prerequisite data in this sub-sector like in other clime where they have accurate data. With data you can track your loan customers, though the Bank Verification Number (BVN) is trying to help in this regard but as it is, the cost of acquiring the data capturing machine for microfinance banks is high.

OWERRI—Several persons, including the victims of last Saturday’s demolition exercise in Owerri, have condemned the stories put out by Imo State Government and security agencies, to the effect that nobody died in the incident.

SHAREHOLDERS in the nation’s capital market have taken a swipe on the Financial Reporting Council of Nigeria, FRCN, over alleged waiver fees it places on Chief Finance Officers, CFOs, and audit committee chairmen of quoted companies, who are not members of the Institute of Chartered Accountants of Nigeria, ICAN.

GOVERNOR Of the South south and south east region have reaffirmed their faith in the unity of the country, promising to promote an indivisible country.

Ojukwu stood for Nigeria’s unity based on equity. Otherwise, as he put it: “Let my people go”. That is my stand also, and I believe it is the right thing to ask for. Buhari and those freeloading from the Nigerian oil-fed Commonwealth believe in gunpoint unity: Nigeria is indivisible and indissoluble; any who disagrees will be shot

THE one hundred and four days of President THE one hundred and four days of President  Muhammadu Buhari’s medical sojourn opened the fault lines of the nation and a clear advertisement that ours is pretending to be a nation.

NO fewer than three persons were feared dead, weekend, while scores were injured after suspected cultists stormed Adekunle Street, Oshodi, Lagos, to avenge the attack on one of them.

By Sulaiman Akinosho THE word politics is generally used in describing the activities of the people who occupy public office as well as the process of getting them there. It is believed to be synonymous with the process of managing the affairs of society. That is why anything that has to do with governance is […]

DESPITE recent profit takings in the equities investors in the Rights Issue of Unilever Nigeria Plc are still on massive discount of over 27 per cent following the price surge in the equity shortly after the offer opened last month. The Rights Issue is closing next week.

IT was the largest gathering of highly educated persons I have ever attended, or heard about on the continent. The quality of the academics and the cost that would have been incurred educating them is unquantifiable. The vice chancellors, VCs of all 148 universities in the country (that is already a minimum of 148 experienced professors), the rectors of 83 polytechnics and provosts of 37 Colleges of Education, COEs and all their registrars, gathering under one roof to determine admissions into tertiary institutions in the country for the 2017/2018 Academic Session.

Lagos—Governor Akinwunmi Ambode of Lagos State, will between today and tomorrow receive the executives of EON Reality Incorporated in Lagos as the global leader in Virtual Reality is set to collaborate with the state to establish the second African institution in Nigeria. The first one was located in South Africa.

Socio-Economic Rights and Accountability Project, SERAP, has asked President Muhammadu Buhari to stop the monitoring of Nigerians on social media.
In an open letter, SERAP asked the President to use his good offices and leadership position to instruct the military authorities to immediately end any monitoring of activities of Nigerians on the social media, and to ensure that military operations comply with Nigerian Constitution 1999 (as amended) and the country’s obligations under international human rights law.

By Our Correspondent – Makurdi A National Youth Service Corps (NYSC) member identified simply as John Boniface Oseghal , a graduate of Delta State University, narrowly escaped death after military personnel rescued him from a violent attack launched by six suspected members of the Black-Axe confraternity in Makurdi, Benue State. The dramatic intervention comes barely […]

A SAVINGS account is the primary transaction that every individual performs with a financial institution, majorly banks. This account allows you extra income from interest paid on the savings. Although, this account has a lot of significance in your investment portfolio, the fact remains that it is the least researched. The following key factors will help you in choosing the best savings account.

STERLING Bank Plc has unveiled the Recyclart Competition in a bid to influence how Nigerians dispose of items that could be recycled and change the way they relate to the environment. Chief Marketing Officer of Sterling Bank, Mr. Henry Bassey, who disclosed this in a statement in Lagos, said the Recyclart competition is intended to […]