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Finance

2019 budget: Dogara tasks lawmakers on speedy passage

The Speaker of the House of Representatives, Mr Yakubu Dogara, has urged lawmakers to work assiduously towards a speedy passage of the 2019 Appropriation Bill.

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After keying into e-dividend, we still get dividend warrants – Shareholders

Some of our shareholders still get dividend warrants from Registrars after they have mandated to the e-dividend platform. Even I, an active player in the capital market that has also keyed into this e-dividend platform still get dividend warrants after several months that I have registered all my shares in the e-dividend platform. The regulators should keep monitoring the registrars because some of them are understaffed and lack some facilities that would facilitate the processing of this e-dividend.

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Naira

2019: Decline in loan, income imminent

THE Microfinance Bank, MfB, sub-sector will likely experience a drop in lending activities  and income generation in the first half of 2019, H1’19,  due to anticipated risky environment. But they are likely to focus on recapitalisation to meet the new minimum capital requirement of the Central Bank of Nigeria, CBN, ahead of the April 2020 deadline.

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Banking sector will record robust year-end result — Magnartis Finance boss

Seyi Abe, the Managing Director of Magnartis Finance & Investment Ltd, in this interview, spoke on activities in the equities market in 2018, saying that there is possibility of a rebound if a credible election holds. Excerpt: By Nkiruka Nnorom WHAT is your view on the equities market performance in 2018? The equities market closed
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