THE interbank money market is expected to record net inflow of N607 billion this month as well as frequent liquidity mop ups by the Central Bank of Nigeria, CBN, through treasury bills.

INVESTMENT bankers and other operators in the capital market have said that equities’ return to the negative territory will last a bit longer, owing to the absence of another catalyst to spur activity in the market.

STERLING Bank Plc said it has committed 10 per cent of its total loan portfolio to the finance of agriculture in recognition of the significant contribution that the agriculture sector is capable of making to the growth of the Nigerian economy.

FSDH Merchant Bank has advocated issuance of project specific zero-coupon bonds to minimise interest expense on federal government’s debt.

Fireworks on the controversy over corporate governance issues in Oando Plc may begin today as the management of the company is set to contest the veracity of the sack of its directors by the Securities and Exchange Commission, SEC, last weekend.

The ever-pressing need to break the ground in fast-tracking industrialisation and economic diversification has led many state governments to tinker with diverse industrial models, with a number of them recording negligible successes.

Managing Director/Group Chief Executive Officer, Fidelity Bank Plc, Mr. Nnamdi Okonkwo, in this interview on the sideline of its just concluded 2018 Annual General Meeting, AGM, spoke on some of the issues the shareholders raised concerning dividend payout, savings mobilization, cost minimization and the bank’s strategy to grow earnings and profitability, mergers and acquisition among others. Excerpts

ACCESS Bank Plc has  organised a business club programme to build the managerial capacity of entrepreneurs to the level they can easily succeed in their respective businesses using information technology.

HERITAGE Bank Plc has given out $40, 000 (N15 million) as grant to winners of the maiden edition of its HB Innovative Lab.

THERE are indications that the nation’s external reserves will hover below the $46 billion mark this month following the slowdown in monthly accretion by 13 percent last month.

ACTIVITY in Mutual Funds, otherwise known as Collective Investment Scheme, CIS, rose by almost 30 percent in the first quarter, Q1, to March 2019, following increased awareness on the part of the investing public of the importance of including this asset class in their portfolio.

SHAREHOLDERS of Nestle Nigeria Plc have urged the Board and Management to consider issuing bonus shares at the end of 2019, even as they commended the company for N38.50 per share dividend payment declared for the year ended December 31, 2018.

SHAREHOLDERS under the aegis of Independent Shareholders Association of Nigeria, ISAN, have faulted the Securities and Exchange Commission, SEC, over the planned ban of companies’ pre-Annual General Meeting (pre-AGMs).

DESPITE the loss of over N88 billion at the end of the last trading day in May 2019 on the Nigerian Stock Exchange, NSE, investors recorded a cumulative gain of N2.721 trillion Month-to-Date, MtD,  following the listing of the MTN Nigeria Telecommunications Plc  during the month under review.

Fidelity Bank Plc has reiterated its commitment to youth development through sports.