CGCPC denies endorsing Wike

CGCPC denies endorsing Wike

Coalition of Governorship Candidates and Party Chairman, CGCPC, in Rivers State, has disassociate itself from the endorsement of Governor  Nyesom Wike as sole governorship candidate by a purported coalition of 58 political parties, saying that such endorsement was watery and belated.
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FirstBank dismisses threat of competition from Fintechs

FirstBank dismisses threat of competition from Fintechs

FIRSTBank of Nigeria (FBN) Limited has dismissed the threat of competition from Financial Technology (FinTechs) companies saying FinTechs can only partner with banks in developing the financial sector of the economy.

Buhari and the deflation of a famed letter writer

Buhari and the deflation of a famed letter writer

LETTER-writing has a history that goes back thousands of years. For instance, a few surviving letters suggest it was common practice to write letters to the dead in ancient Egypt. Some of these letters were written on bowls found in Egyptian tombs. The letters often asked for help from the departed with some problem the writers were having. In the Holy Bible, there are series of letters written by Apostle Paul which is famously referred to as epistles. Letter could be overtly arresting. It often surprises and commands the attention of the reader. It connects readers to the past, conjuring images of lovers separated by continents, gas lanterns and adventure. To read, one must sit down and pay attention for a few moments, eschewing the technological world for this corner of the archaic. This is a particularly lovely gesture for a significant other, where a handwritten letter, perhaps, means the most. Write to the one you love, and they’ll not only be arrested by your words, but will feel deeply cared for, and pulled into a world of fantastical romance.

How mergers impact confidence in banks and their customers

How mergers impact confidence in banks and their customers

THE desire for bigger financial strength to expand market share and deliver superior products to a larger consumer base is increasingly driving more companies to mergers and acquisitions (M&As). Between 1980s and 1990s, there were about 3,600 mergers in the US.  In 1996, the Bank for International Settlements (BIS) reported a similar trend in Japan and across Europe, especially during the 1990s. Also in Nigeria, the banking consolidation exercise produced 19 mergers involving 60 banks.

SEC moves to improve capital market dispute resolution system

SEC moves to improve capital market dispute resolution system

IN a move to improve dispute resolution mechanism in the capital market, Securities and Exchange Commission (SEC) has expressed  support for a dispute resolution symposium that is expected to gather stakeholders to address some of the issues affecting the market.