THE Nigerian capital market is not expected to be rosy in the first quarter of the year as companies and operators of capital market await the implementation of the various government policies that are expected to impact on the market.

NIGERIA’S foreign exchangereserves increased week-on-week by 2.51 per cent toUSD26.88billion, according to latest update from the Central Bank of Nigeria, CBN, last weekend.

AHEAD of this year’s raining season, insurers are considering a national policy on flooding and how awareness can be massively created. Underwriters under the aegis of the Nigerian Insurers Association, (NIA) expressed concern over the need for adequate cover for individual homes and businesses as the raining season draws near.

PENSION Fund Administrators, PFAs, have accused life insurance companies of contravening the Pension Reform Act, 2014 by luring retirees under the Contributory Pension Scheme, CPS, with mouth watering loan offers as part of moves to make the retirees take up annuity.

It is too early to tell. However, in my view, to the extent that we still have challenges in the currency control in the economy, we may continue to see slow activity in the equity market. To that extent, we may see another uninspiring performance from equities this year and obviously that goes to the fact that there are a lot of listed companies that depend on import for their input.

Chairman, Progressive Shareholders Association of Nigeria, PSAN, Mr. Boniface Okezie The capital market is over regulated in my own view and despite the over regulation we have not seen any impact whatsoever on the investors. The investors are supposed to benefit from the regulation under normal circumstances, but what we are seeing is total neglect.   […]

ROSABONFinancial Services has won the Middle East and Africa, MEA Bespoke Wealth Management Services business award for 2016. The award was organised by UK-based publisher, AI Global Media.

CONSENSUS opinion on prospects of equity investments in 2017 have hinged positive outcome on several international and domestic happenstances: Movements in foreign portfolio investments, FPI, flows across global financial markets; the impact of rising US interest rates, a firming US dollar;

Constellation (INL), an international consulting and coaching company has concluded arrangements for a nine day long NLP Licensed practitioner Training in Nigeria. It promises to be a landmark event in management executive training for corporate Nigeria.

THE Central Bank of Nigeria (CBN) last week reduced its weekly foreign exchange sale to banks by 25 percent, even as prices of Nigeria’s Eurobond rose amid renewed investor’s interest.