There are indications that the    sluggish economic environment  may have taken a toll on tier-1 banks forcing their aggregate topline figures into negative position in the first half of 2018, H1’18.

The Nigerian stock market may face further sell-offs in the coming weeks following the lingering crisis in the global economic space, investment experts have said.

First City Monument Bank (FCMB), has sponsored the second edition of The Bridge, Nigeria’s number one financial literacy reality television show. The 13-episode programme will start showing weekly from September 13, 2018 on Silverbird television, BusinessDay television and the FCMB YouTube channel.

AIICO Insurance Plc has launched a self-service portal and also revamped its multiple payment channels for its customers.

Umuchinemere Pro-credit Microfinance Bank, UPMFB, has granted about N451, 182, 305 as loan to active poor persons in Enugu State in the first half of 2018, H1’18.

Heritage Bank Plc, Nigeria’s most innovative financial services provider; has partnered with MultiChoice Nigeria Limited, owners of the DSTV and GOTV brands to sponsor    the 2018 edition of the Africa Magic Viewer’s Choice Awards (AMVCA).

The Lagos State EmploymentTrust Fund, LSETF, has opened its loan application window to small businesses and startups operating in the state, in line with its mandate of providing access to financial and institutional support for Micro, Small and Medium Enterprises, MSMEs.

The Managing Director/CEO of Sovereign Trust Insurance Plc, Mr. Olaotan Soyinka has been named ‘Insurance Man’ of the Year for 2017.

The Association of Chartered Certified Accountants (ACCA), Nigeria in a bid to encourage members to become active advocates, has unveiled its “advocate of the year” awards and also recognized the outstanding performance of 18 affiliates.

Eaton Acquisitions Limited  has expressed confidence in the ability of current NEM’s Insurance leadership to deliver growth, noting that it is desirous of gaining board representation in view of its dominant shareholding stake in the company.

Against the backdrop of the lull in the equities market and sell-off by foreign portfolio investors, FPIs, domestic retail investors have urged the regulatory bodies to pursue stabilisation policies that will attract and sustain investors’ confidence in the market.

The federal government needs to urgently implement policy measures to stimulate economic growth in order to forestall another slide into recession.

ONE of the ways businesses reduce the risk of decline in revenue due to delayed payment for goods and services is the use of Direct Debit.

There is the indication that the disagreement amongst ex-staffers of the defunct Nigerian Airways may have led to suspension of processing of their pension and other entitlements

The Pension Transitional Arrangement Directorate, PTAD, is responsible for the management of pensions under the old pension scheme, the Defined Benefit Scheme, DBS, for pensioners who did not transit to the new Contributory Pension Scheme, CPS.  Executive Secretary of PTAD, Mrs. Sharon Ikeazor, in this interview talks on efforts to eradicate fraud in the pension scheme. Excerpts: