THE Economic Community of West African States, ECOWAS disbursed 200 million CFA ($0.365 million) to pay for cross-border claims in 2017.

The Federal Government, through the Ministry of Budget and Planning has disclosed that through the Economic Recovery Growth Plan, ERGP initiated about one and half year ago, about $4.7 billion investment has been identified in agriculture and transport focus labs with a potential to create about 129, 000 jobs.

Shareholders of quoted companies are calling on the Securities and Exchange Commission, SEC, to address the various problems faced in the course of regularising the multiple share subscriptions, saying that the extension of the deadline from December 2018 to December 2019 will not be adequate to achieve its purpose to reduce unclaimed dividend in the country.

COWRY Asset Management Limited has forecast that in the current financial year 2018 most companies listed on the Nigerian Stock Exchange, NSE, are likely to maintain the dividend they declared in the financial year 2017.

MANAGING Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON) Ahmed Lawan Kuru has reiterated the need for the government and institutions at all levels to pay more attention to human capital development, which he described as the key to the paradigm shift the country is clamoring for.

THE depreciation of the naira in the last two weeks may persist this week following increased demand for dollars triggered by political campaign activities across the country. Last week, the naira depreciated to new levels in the parallel market and in the Investors and Exporters, I&E, window.

WITH the absence of new information, especially in relation to earnings reports, to drive activity in the equities market, analysts have said that the intensity of sell-off will increase this week and over the remaining part of the year.

MANAGING Director, Heritage Bank Plc, Ifie Sekibo, has emphasized the importance of human capacity development amongst staff of financial institutions for improved operations.

IN a move to boost trading in unlisted securities, the Securities and Exchange Commission, SEC, said it is working in conjunction with the Corporate Affairs Commission, CAC, to enforce compliance to securities registration by unlisted public companies.

THE European Investment Bank has signed a new fifteen year EUR 200 million loan agreement with the African Export-Import Bank, Afreximbank, aimed at supporting trade-related productive investments, including renewable energy projects, in Africa. The facility will support promoters in more than 40 countries across Africa with long-term funding.