The persistent decline in earnings of Lafarge Africa Plc has been blamed on combination of the company’s business with that of South Africa in 2014 to create an enlarged group.

There are indications that the Nigerian Stock Exchange (NSE) and other stakeholders have launched an engagement process to review the compliance of Stanbic IBTC Holdings Plc and Diamond Bank Plc to high-level corporate governance standards expected of quoted companies.

The bear crush on the Nigerian stock market continued last week as the stretching into 7th consecutive trading sessions bringing total losses so far this year as at close of business last weekend to N1.8 trillion.

In the last two editions of this column we outlined some basic features of Wema Bank’s small businesses loan package, ‘myBusiness Account’ in the three variants – Bronze, Silver and Gold.

The African Development Bank (AfDB) says it has approved $15 million for equity investment in Verod Capital Growth Fund III, a private equity fund for investments in high growth small and medium enterprises (SMEs) in Anglophone West African countries.

The Academic Director and Senior Fellow in Information Systems, Lagos Business School, LBS, Dr. Olayinka David-West, has said that lack of digital capacity, education and proper documentation are reasons why  MSMEs in Nigeria are not considered for credit facilities by banks, stressing that the financial services anywhere in the world are highly regulated and processed driven.

Wells Hosa Green House Farms Limited in Benin City recently inaugurated its farm. In this interview, Managing Director, Bright Okunbor, told journalists that while intending to export its produce in future, the immediate plan is to satisfy the Nigerian market.

More controversies are trailing the Tier Based Minimum Capital Solvency, TBMSC, policy of the National Insurance Commission, NAICOM, as the Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, has raised more posers to the purported industry consensus on the policy.

Every professional economist has been enjoined by one of the founding fathers of our profession – economics – to always be involved in the aims and objectives of mankind when it to disposal of scarce financial resources.

The Nigerian Capital Market Committee (CMC) held its second  quarterly meeting for the year 2018 recently. The Acting Director General of Securities and Exchange Commission, SEC, Ms Mary Uduk , in an interview immediately  after the CMC , spoke on issues bothering  on regularisation of shares accounts, e-annual reports of companies, minimum operating standards by operators, amongst others.