Officials of the Cooperative Society of the office of the Head of Civil Service of the Federation have accused its President of mismanagement and misappropriation of fund. Financial Vanguard investigations revealed that over 1,600 members of the Head of Service Cooperative Society are calling for the intervention of anti-graft authorities to investigate the refusal of the President to relinquish his position 22 months after he retired from the Service.

“I just have this love for real estate. When I realised that Nigeria is lacking in the area of accommodation, housing estates to be precise, I decided to go into the real estate sector. Again, I have been a lover of real estate/property because as far back as 1980; I joined my mother in her real estate business. She is very passionate about the business. You see, my mother is Yoruba, from Lagos royal family so we have so many family lands that we had to sell and being the first child, I always went everywhere with her to the extent that people called meMummy’s husband.

The Central Bank of Nigeria, CBN has ordered bureaux de change (BDCs) to close all branches within 90 days, saying branch operations is no longer allowed in the subsector. This directive was contained in the revised guidelines for BDCs released on Friday by the apex bank. According to the guidelines, issued via a circular titled: ‘Revised Operational Guidelines for Bureaux De Change in Nigeria’, “Bureau De Change is Licenced as a unit institution.

Access bank Plc has led the call for Nigeria to adopt innovative approaches in its bid to transform its leadership for a better, prosperous society. The Chief Executive Officer/Group Managing Director, Access Bank, Herbert Wigwe made the call while speaking at the 2nd Access leadership conference held in Lagos. According to Wigwe, the question around leadership and innovation is perhaps more pertinent in Nigeria today that just had a successful transition into a new leadership.

A partnership to cut emissions from airports and take the industry towards climate neutrality has been launched. The partnership was signed at COP21 in Paris by the United Nations Framework Convention on Climate Change (UNFCCC) and Airports Council International (ACI), which developed the Airport Carbon Accreditation programme.

Investment experts have canvassed investment education amongst not only investment managers but also the investors in both retail and portfolio. This according to them would address the challenges of maintaining quality investments even in crises situations adding that the more informed the investor, the more balanced his investment and the more value he derives from investing.

Amidst sustained high liquidity in the banking system financial experts are expecting developments in Nigeria’s fiscal policy 2016 and the international financial markets to shape investment yields positively in December 2015 and first quarter 2016. A total inflow of about N890billion is expected to hit the money market from the various maturing government securities and Federation Accounts Allocation Committee, FAAC, in the month of December 2015.

In a bid to discourage payment on delivery considered one of the challenges of e-commerce in Nigeria, online marketplace, Kaymu.com.ng has partnered Interswitch to provide electronic payment options for its customers. Kaymu said through the partnership, hundreds of thousands of customers currently conducting business transactions via the Kaymu platform are provided with a reliable alternative pre-payment solution.

As a human resource development agency, Industrial Training Fund has planned to build on its partnership with insurance companies on skills training to see how the underwriters can provide insurance for its facilitators, among others. The Director-General of ITF, Mrs. Juliet Chukkas-Onaeko made this known during a press briefing with Commerce and Industry Correspondents Association of Nigeria (CICAN) Abuja chapter in her office.

As a group, we offer financial services to customers in various segments. These are Personal Banking, Business Banking, Corporate & Investment Banking and Wealth. In the Business Banking space, we offer banking services to both SMEs and commercial customers and our vehicle and asset finance offering is one of the numerous products on offer. Self-employed clients and other small businesses fall under our SME segment and they are open to this scheme. For the SMEs, it is a business application with separate requirements, which differ from those of the individuals.

Stakeholders in the financial market have expressed dismay over the rate at which public companies violate extant rules of their respective regulators, thereby attracting heavy fines. According to a cross-section of key shareholders that spoke with Financial Vanguard, recklessness and carelessness on the part of companies’ chief executives that give rise to such penalties should be curtailed, or the board and management of such companies should either be sacked or be made to pay the fines instead of using shareholders’fund.

The technological revolution of the past 150 years has given people around the world easy access to everything from smartphones to life-saving medical devices. While one may not yet be aware of all the implications of our hyper-connected society, it is abundantly clear that the rapid growth in the capability and availability of smart technology is a net positive for everyone. However, despite the progress that has accompanied bringing futuristic technology to so many homes, the technological revolution has had a negative impact on the environment and emerging markets still lag far behind their developed peers.

Chief Executive Officer of e-commerce solution provider, Slimtrader, Femi Akinde has identified capacity building as a critical ingredient to unlocking the potential of e-commerce in Nigeria. Akinde who was speaking at the Africa Technology Summit in Ghana highlighted the need for employers to train people in order to achieve set business goals, while identifying talent acquisition as one of the major challenges confronting the sector.

National Bureau of Statistics, NBS, has recorded an explosion in the demand for data and statistical information both from international and local interests. Key data request indicators at the NBS show that in 2005, just under 50,000 reports were downloaded from the NBS website compared to over three million in 2014, just as requests for data by walk-in users which was 23 in 2005 rose to 1,817 in 2014.

Chairman of Nigerian Insurers Association, NIA, Mr. Godwin Wiggle has assured that the Association will continue to support the Chartered Insurance Institute of Nigeria, CIIN, to move the insurance industry forward. Wiggle made the assertion when the CIIN President, Lady Isioma Chukwuma paid a courtesy visit to the NIA in Lagos.