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Local insurers can take up energy risks on strength of capacity — Continental Re

Head, Special Risks, of Continental Reinsurance Plc, Mr. Bashir Akinsiki, in this interview speaks on challenges confronting local insurers from taking up oil and gas risks. Excerpts:

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Michael Larbie

Political standoffs will not affect policy continuity in Nigeria — CEO Rand Merchant Bank

Michael Larbie is the Chief Executive Officer of Rand Merchant Bank Nigeria, a subsidiary of the South Africa based FirstRand Group. In this interview Labie speaks on the bank’s effort to distinguish itself in the intensely competitive Nigerian banking industry. He also spoke on the forthcoming general election and its impact on the economy.

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CBN

MPC to maintain rates to sustain foreign portfolio inflows

WITH dollar inflow into the Investors and Exporters window, I&E, falling by 42 percent in October, and the external reserves maintaining its downward trend, losing another $2.639 billion since the last meeting of the Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, in September, economic analysts have projected that the committee, at the end of its meeting this week, will maintain its policy rates in deference to the need to sustain dollar inflow from foreign portfolio investors in the nation’s debt market with a view to forestall the declining trend in the reserves and demand pressure in the nation’s foreign exchange market. 

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Collective investment is safer mode to enter capital market — Emerging Africa Capital’s CEO

Mrs Tonyi Sanni, CEO, Emerging Africa Capital Group, who is also the president, Corporate and Individual Investment Advisers, spoke to Financial Vanguard on activities of the Collective Investment Scheme, CIS, and how to make it more viable and attractive to investors. Excerpts: By Nkiruka Nnorom AVAILABLE data has shown that investors have continued to demonstrate
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