THE Central Bank of Nigeria (CBN) has announced the introduction of Mortgage Guarantee Companies (MGCs), aimed at reducing credit risk in the mortgage finance sector as well as increase access to mortgage loans.

THE Nigerian Stock Exchange, NSE, has bagged the ‘2018 Best Use of Technology for Efficiency’ award from Nigeria Tech Innovation & Telecom Awards 2018 (NTITA).

Bitcoin, the popular cryptocurrency, has been around for more than a decade now, 2008.

THE Nigeria Inter-Bank Settlement System, NIBSS, has reaffirmed its commitment to supporting the nation’s educational system as the focus of its Corporate Social Responsibility, CSR, programme. Meanwhile, the company has supported twelve secondary schools in Lagos with office furniture for teaching staff as part of its CSR programme this year.

FSDH Merchant Bank analysts have projected that the Central Bank of Nigeria, CBN, will tighten monetary policy in the fourth quarter of the year by increasing the Cash Reserve Requirements,  CRR, of banks.

THE depreciation of the naira in the parallel market and the Investors and Exporters (I&E) window last week is expected to persist this week, even as the nation’s external reserves maintained its downward trend falling by $955 million in the first ten days of October.

It is just as well that Lagos Deep Offshore Logistics, LADOL and Samsung Heavy Industries, SHI, have chosen to take their trade dispute to both the court of law and the court of public opinion.

IN a move to impact positively on the Nigerian financial market and entire economy, Association of Stockbroking Houses of Nigeria, ASHON, has moved for the abolition of contract stamp duty in the nation’s capital market as well as a new regime of fees for stockbrokers.

THE insurance industry in the first half, H’1, of 2018 witnessed marginal decline in profit occasioned by declining purchasing power of Nigerians coupled with increasing cost of living and cost of doing business. Analysts who spoke to Financial Vanguard said that as cost of doing business continues to mount, topline tends not to be growing at the same rate, putting pressure on the bottom-line.

Acting Director General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk has assured investors in the Capital Market that there is nothing to fear on the performance of the stock market as the 2019 election approaches.