YEAR 2017, for the insurance industry has been a challenging and difficult business period given that the economy is still reeling from the spill over of economic recession which lasted till first quarter of the year. It will be recalled that in 2016, the sector grappled with lack of foreign exchange to re-insure businesses abroad; scarcity of funds by individuals and corporate organisations to buy insurance covers for their assets; preference for short term cover to long term during renewal periods, among others.

Since the capital market meltdown of 2008, the Nigerian Stock Exchange, NSE, has come up with various initiatives in terms of technological development to advance the market in keeping with international best standard. In this interview, Mr. Charles Fakrogha, Stockbroker/Chief Relationship Officer with Foresight Securities & Investment Limited, highlighted some of such initiatives and how they have helped in advancing the market. 

AS the year rolls to an end this week, capital market operators have said that favourable external conditions bolstered by stability in foreign exchange and energy supply will push the market to a further positive close.

BUSINESSES and consumers are divided in their outlook for inflation and interest rates in 2018. While consumers expect inflation and interest rates to rise in 2018, businesses, however, expect both rates to fall.

UNION Bank has once again taken a stand for women with its support for those affected by Vestigo Vaginal Fistula (VVF) through donations to the women’s VVF hostel, Kwali, Kano State.