THE National Pension Commission (PenCom) has requested for N113.0 billion for Federal Government retirees in 2017. This figure indicates a huge shortfall of N62.8 billion, or 55.6 per cent gap, in allocation provided by the Federal Government in the 2017 budget estimates.

The statistics though still high shows a reduction in ATM withdrawals from 2015, the truth is that this initiative will not change consumer behaviour overnight. It is a process. 15 years ago, ATMs or debit cards were not even in use but today they have become a way of life. We project a steady growth in the migration to alternative channels as they become more stable and reliable with new technology.

INVESTORS may be bracing up for another scorch-earth returns terrain in equities as companies begin to sound another round of profit warnings for full year 2016 results more of which are expected to be coming out from this week.

There are reasons that will make investors to invest. They are looking for certain things; may be dividend, capital appreciation or just prestige that ‘yes, I owe shares in this company’. Now, they are not seeing dividend. There is no motivating factor compelling them to invest in these shares and the companies themselves are not even telling the investing public what is happening to them.

I HAVE an issue with the bank relating to being defrauded by the purported sale of a spurious property in Gwagwalada, Abuja.