A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
THE African Insurance Organization, AIO, has suspended Prestige Assurance Plc, Standard Alliance Plc and Industrial and General Insurance (IGI) for failure to pay subscription fees for more than three consecutive years.
Read More The Securities and Exchange Commission, SEC, should not force the capital market to fly when it is yet to learn how to walk steadily. We are yet to fully appraise the import and fallout of e-dividend system, how effectively it has created problems (financial terms) for the retail investors, semi-literate investors, absentee investors, and investors in diaspora. The dust has not settled.
Read More NIGERIA has a huge number of dormant bank accounts which stood at 38.3 million at the end of March this year.
Read More It is good for managers of companies to give account to their shareholders in respect of what they did within a particular reporting period. The regulators are there to ensure that managers of companies obey such rules as stated by law. The rules are meant to strengthen the institutions, to make them function effectively and ensure that managers of such companies are cautious that there are people watching them. To me, it is a good development. Besides this, when a particular company or firm is consistently not reporting or not meeting up to the directive, there must be something wrong.
Read More FINANCIAL market analysts were, weekend, united in their projections about the outcome of the Central Bank of Nigeria’s 118th Monetary Policy Committee, MPC, meeting holding today and tomorrow. They argued that recent developments in the foreign exchange market and in emerging markets have eliminated the possibility of the MPC reducing the Monetary Policy Rate, MPR.
Read More AS the bear run on equities listed on the Nigerian Stock Exchange, NSE, persists it seems that investors are more in the mood of negative bandwagon. Thus negative sentiments have trailed even the impressive financial results.
Read More As you know, there is economic meltdown in the country and every financial institution is trying hard to see how they can scale through the challenges. But we the MfBs, especially those in Enugu, are doing our best to see how we can scale through.
Read More “I will rather put my money in a fixed deposit account than take up an insurance policy”, said Amalu Robinson, a graduate of University of Nigeria, Nsukka, UNN.
Read More In the event of death, it is always a herculean task for beneficiaries to access pension benefits of the deceased. Ronke Adedeji, Managing Director of Leadway Pensure Limited, a Pension Fund Adminstrator, PFA, in this interview harps on the need for pension contributors to always update their information. Excerpts.
Read More FOLLOWING the upsurge in demand for dollars last week by foreign investors, Nigeria’s foreign exchange market came under pressure with analysts in divergent views as to the impact on the market this week.
Read More THE Nigerian Bar Association, NBA, has vowed to partner with the Institute of Chartered Accountants of Nigeria, ICAN, in the fight against corruption as a way of promoting integrity in public institutions and businesses.
Read More STERLING Bank Plc has assured its shareholders that it will continue to enhance its stakeholders’ value as it recorded 20.1 percent rise in shareholders’ funds to N102.9 billion in 2017 as against N85.7 billion recorded in the financial year 2016. It further assured the shareholders of sustaining and enhancing its dividend payments in the future as they approved the declaration of two kobo dividend per ordinary share of 50 kobo for the financial year ended December 31, 2017.
Read More ON the backdrop of the negative sentiment that prevailed in the equities last week, which led to the loss of N200 billion to investors, investment analysts have predicted a rebound in activity as investors price in on value of stocks.
Read More FIRST Bank of Nigeria Limited in partnership with Visa International has announced the emergence of two lucky winners, Mrs. Hadizat Bello and Mr. Ado Ibrahim Idris, in the just concluded FirstBank Visa Gold card issuance and usage promo. The winners along with their partners will be going on a five day all-expense paid trip to Russia to watch the 2018 FIFA World Cup.
Read More ASSET Management Corporation of Nigeria, AMCON, has taken over the assets of Sea Petroleum Oil & Gas Limited due to failure to repay N20 billion debt owed Union Bank of Nigeria Plc. The company is owned by former Minister of Aviation, Princess Stella Oduah-Ogiemwonyi. The take-over was by a court order.
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