It is affecting every aspect of the Nigeria economic life and the MfBs cannot be shielded. If bombs are exploding and herdsmen are shooting, then security of life and properties comes first. The same way every other business is affected MfBs are also affected; so nobody is safe in such an environment. MfBs are also affected too. 

Pension Fund Administrators, PFAs, are keen on investing in infrastructure but can only invest in investible infrastructure instruments that can guarantee their retirees’ funds. The major challenge with diversification of pension fund is unavailability of investment instruments. One of the key channels we could invest in as a means of diversifying the portfolio is infrastructure, however, infrastructure is not investible.

ROYAL Exchange Plc said  it recorded N13.8 billion gross written premium, GWP, for the year ended December 31st 2017, representing 10.4 percent increase from N12.5 billion recorded the previous year. The company also recorded N7.1 billion net premium income for the period, while the underwriting profit stood at N7.6 billion.

VICE PRESIDENT, Yemi Osinbajo has urged major cement manufacturers to drive towards reduction in cement price as a means of boosting infrastructure development in the country.

FIRST Bank of Nigeria Limited has organised the FirstBank-Chinese Business forum with aim of strengthening business partnerships between Nigeria and China.

WE are now concluding the series on second half 2018, H2’18, prognosis for equity investment decisions with the outlook on election year. The scenario analysis by analysts at Afrinvest West Africa which we published in this column last week was anchored on “positive outlook dampened by general elections concern”.

DIAMOND Bank has rewarded 1,016 customers in the DiamondXtra Season 10 second quarterly draw that held at its Asa – Afariogun, Ajao Estate, Lagos branch.

ALLIANZ Group  has acquired 99.03 percent stake in  Ensure Insurance Plc.

THE Governing Board of the   Chartered Insurance Institute of Nigeria, CIIN, will invest Mr. Eddie Efekoha as the new President of the Institute this week.

SCIB Nigeria & Company Limited, an insurance broking firm, is celebrating its 40th anniversary and has projected becoming number one broker in Africa.

We are continuing with the prognosis for equities market investment decisions in the second half 2018, which we started last Monday, and hopefully concluding next Monday.

THE Nigerian stock market  may return positive this week after closing negative last week as investors lose N84 billion of their investment value on the Nigerian Stock Exchange, NSE.

THE interbank money market will this week, receive inflow of N608 billion from maturing treasury bills, aggravating the excess liquidity which prompted cost of funds to fall last week

ASSET Management Corporation of Nigeria, AMCON, has taken over Sigma Apartments due to failure of its owners, Sigma Engineering & Construction Limited to repay N1 billion bank debt.

The Managing Director, Berger Paints Nigeria Plc, Mr. Peter Folikwe, in this interview spoke on the challenges facing the paints industry, share price and products of the company, recapitalisation issue, government policy among others.