THE Debt Management Office (DMO) will, this week, offer N110 billion worth of FGN bonds in commencement of  its 2018 bond issuance programme, prompting expectations of reduced liquidity mop-up operations by the Central Bank of Nigeria (CBN).

Last week, the Nigerian Stock Exchange, NSE, held a session with stakeholders in the capital market where it reviewed activities in the stock market for the past year and also made projections into the new year. Some of the issues discussed  at the event, which was presided over by Oscar Onyema, the Chief Executive, NSE, included the need to increase level of activities  in the market via active participation of the domestic retail investors, revival of Initial Public Offers, IPOs, and the need to do more with regards to the protection of minority investors’ interest, especially as it relates to recent  delisting of some companies among others. PETER EGWUATU & NKIRUKA NNOROM were there and captured the interaction for Financial Vanguard.

THE National Insurance Commission, NAICOM, has said that prospective microinsurers must maintain a statutory deposit of 10 percent of the minimum capital requirement with the Central Bank of Nigeria, CBN.

United Bank for Africa (UBA), has moved to change the face of e-banking with the introduction of Leo, the UBA Chat Banker who enables customers make  use of their social media accounts to carry out key banking  transactions.

THE Financial Reporting Council of Nigeria has commenced measures to develop a new National Code of Corporate Governance.