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 […]

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 […]

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. […]

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, […]

By Lilian Olubi  Recently, whilst explaining something to a friend, I remarked that markets are simply what they are! I was referring to the fact that no matter how sophisticated and institutionalized financial markets are, they are, at the very core, a place of exchange; and that for markets to thrive as they do, there […]

By Sola Oni GOD, give us men! A time like this demands. Strong minds, great hearts, true faith and ready hands; men whom lust of office does not kill; men whom spoils of office cannot buy; men who possess opinion and a will; men who have honour; men who will not lie; men who can stand before a […]

Buying interest lift index 0.73 % By Peter Egwuatu Portfolio rebalancing by investors trailed the equities market last week as buying interest in Banking and Consumer Goods stocks lift the All Share Index above the 50,000 psychological mark, advancing by 0.73 % to close at 50,045.83 points from 49,682.15 per cent penultimate week. Consequently, investors […]

Investment rises 11% to N1.4trn in 6 months By Peter Egwuatu Average Nigerian investors are diversifying their assets in a more secured option while sustaining improved income stream. This has led to a significant boost in investments through the Mutual Funds where the value of assets has risen by 11.04 per cent to N1.388 trillion […]

The National Pension Commission’s, PenCom, directive on recapitalization for Pension Fund Administrators (PFAs) in Nigerian Pension Industry was aimed at increasing minimum regulatory capital from one Billion Naira to five Billion in order to improve the capacity of PFAs in terms of operational efficiency, effectiveness as well as service delivery

Insurance solution providers have remained relevant in rebuilding livelihoods and repairing properties devastated by unexpected catastrophe over time