MSMEs: Thriving under rising cost of doing business in Nigeria
It is no longer news that cost of doing business in Nigeria today is on steady rise given the inflationary pressures that has been in the economy for several consecutive months now. Added to this pressure now is the over 260 percent jerk-up in energy cost last week and many analysts predict that the spill over effect will happen in the next few weeks or even days as rise in transport cost takes immediate effect.
Talent development in Standard Chartered is driven by future market needs – Blakey
A major player in the international banking scene is Standard Chartered Bank, with a network of offices in over 70 countries including Nigeria. In this interview with Vanguard MoneyDigest, Linzi Blakey, Managing Director, Global Head Human Resources, Client Coverage, Corporate, Commercial and Institutional Banking (CCIB), shares insight on the various talent development initiatives of the […]
Fresh opportunities as e-Naira enters Phase II
By Emma Ujah, Abuja Bureau Chief The decision of the Central Bank of Nigeria (CBN) under the leadership of the Governor, Mr. Godwin Emefiele, to introduce the e-Naira, was in the pursuit of efficient payment system in the country. The e-Naira which was launched by President Muhammadu Buhari on October 25, 2021, was the first […]
Financial Derivative as tool for risk management
By David Adonri Financial derivatives are potent risk management tools for minimizing exposure to market risks. They enable producers and consumers to lock in prices while guaranteeing stable supply and demand in various markets. They can also be used by investors and enterprises to hedge against adverse events, thus making changes in macroeconomic variables to […]
Financial literacy has increased when it comes to loans – NPF MfB boss
By Providence Ayanfeoluwa
In this interview, the Managing Director NPF Microfinance Bank Plc, Mr. Akinwunmi Lawal, advised financial institutions not to take advantage of competition to lose guard by giving reckless loan to customers.Excerpt:What are your assessments of digital banks who are strong competitors to the MfBs?Take it from me, Information Technology; IT, has further enhanced financial inclusion. […]
Is the exemption of HOS, Federal Per Secs from CPS legal?
By IVOR TAKOR, mni Esq. Director, Centre for Pension Right Advocacy The most useful old-age benefit in social security is life pension. Pension is a retirement plan that provides monthly income in retirement. In Nigeria, pension has received significant attention since the establishment of the first public sector pension scheme, the Pension Ordinance of 1951, […]
