We will be discussing the status of implementation of the Contributory Pension Scheme (CPS) in states of the Federation. Today, we will be discussing Abia State.  Abia state is among the states that I term to be the hibernating states. These states have enacted laws on the CPS, but cannot be said to have keyed into […]

The global economic performance from the lens of the World Bank indicates an average growth of 4.1%, down by 0.2% from the previous projection. United Nations Organization (UNO) warned that global economic recovery is losing steam due to multi-faceted economic headwind amidst new wave of Covid-19 infection, persistent labour market challenges, supply chain hiccups (Culled from […]

In simple terms, the Capital Gains Tax (CGT) is a tax on the profit obtained from the disposal or exchange of certain types of assets.  Hitherto, there were a few exemptions from this tax, which notably included the gains on the disposal of shares in Nigerian companies duly registered in accordance with the Companies and Allied […]

Earnings set to come under new pressures Asset quality may record moderate impairment   Volume of loans to decline How it will affect the customers, economy By Emeka Anaeto, Business Editor The banking sector may have settled for some major shifts in their operations and fortune in 2022, a development which will significantly affect customers’ businesses and ultimately, lifestyle […]

The need to reposition Nigeria’s macroeconomic space for competitiveness in the global economy took another step with the roll out of the new National Development Plan, NDP, (2021-2025) which implementations are expected to begin tomorrow, first working day of the year 2022. The architects of the NDP have demonstrated that funding is the critical success factor, […]

The National Pension Commission (PenCom), recently announced that the President, Muhammadu Buhari has approved a number of submissions it made to him, on the payment of some critical aspects of outstanding pension liabilities of the Federal Government under the Contributory Pension Scheme (CPS).  Specifically, the President approved: payment of outstanding pension rights for verified and […]

Yuletide is the period of several days around and including Christmas day. It is evident in the flurry of activities usually witnessed around the Yuletide season globally. The Covid-19 variant called Omicron has no doubt waned the tempo of celebration amongst households.  As the year 2021 rolled to an end over the weekend, most folks viewed […]

A stock market where insider abuse is prevalent is already rigged against investors. Insider trading is an example of such abuse. It alters the level playing field of the capital market. In order to maintain a fair market place, the Investment & Securities Act (ISA 2007) vehemently prohibits insider trading. In Section 111(I), the Act states […]

As we ascend the ladder of 2022, global investors are pre-occupied with the issue of asset allocation and stock pick. January, the first month of the year is symbolic in investment parlance. The month is globally associated with general rise in stock prices.  January is characterized by many variables, including consumer sentiment, tax-loss harvesting in […]

Hello Masterclass family, welcome to the New Year edition of the Marketing Masterclass! In this edition, I want to share the secret to a more successful business in 2022, no matter which business or sector you are in. Let me start by asking you; what do Dangote, Ngozi Okonjo-Iweala, Otedola, have in common? The answer is […]