With regards to overall performance of the company, we operate within Nigeria and understand that those economic challenges were with us and they are improving gradually. But our focus has always been for the medium term and long term. Therefore you would find even in the past when we had profits there were years we had profit but we decided ourselves to defer and plow back as much of the profit as possible into the capital position of the firm.

Chief Executive, Tripple Gee & Company Plc, a Central Bank of Nigeria, CBN licensed security printing firm, and a quoted company on the Nigerian Stock    Exchange, NSE , Chief Gbade Giwa, in this interview, spoke about the level of electronic fraud in the country , how to tackle electronic crime , the company’s new product,   Tru-DATA,   that   prevents identity theft, protects brands , among others. Excerpts

BANKS’ income from electronic payment (e-payment) businesses fell by 11.6 percent in 2017, prompted by the improved foreign exchange supply for invisibles by the Central Bank of Nigeria (CBN) in 2017.

Mallam Garba Kurfi, is the Managing Director/CEO, APT Securities and Funds Limited. In this interview, he said that faithful implementation by the Pension Fund Administrators, PFAs, of the multi-fund investment structure approved by the Pension Commission, PenCom, will impact the equities, but doubt the ability of the PFAs to fully comply with the rule due to the observed past failures.

THE Association of Issuing Houses of Nigeria, AIHN, has disclosed that about 12 companies quoted on the Nigerian Stock Exchange, NSE, have raised N268.7 billion by way of Rights Issue in the last 18 months.

Heritage Bank Plc  has said it is committed to innovative banking services through its transparent MasterCard.

A DOMICILIARY   account is a bank account where you can receive or send money in foreign currencies such as the dollar, pounds, euro.

THE Central Bank of Nigeria (CBN) is expected to resume its liquidity mop up operations this week in response to inflow of N424.9 billion into the interbank money market.

INVESTMENT analysts have predicted that equities market will sustain the upward momentum recorded in the last two week as investors continue to take advantage of low prices of value stocks.

UNION Bank of Nigeria Plc has reported a profit before tax (PBT) of N15.5 billion on gross earnings of N163.8 billion for the financial year ended December 31, 2017.

United Bank for Africa (UBA) has unveiled an electronic-banking platform called LEO in Cameroon, Zambia, Cote D’Ivoire, Senegal and Congo in a bid to ease banking transactions for its customers  across Africa.

Chief Executive Officer of NEM Insurance plc, Mr. Tope Smart, has said that more investment was required to stimulate the development of Nigeria’s insurance sector. He stated this while speaking on the theme, “Infrastructure and Economic growth: Exploring the strategic Alliance” at the 10th anniversary of Business Journal in Lagos. He said: “Investment in infrastructure will result in the growth of the economy of any nation and the attendant insurance needs resulting from such economic growth will be to the benefit of the insurance industry.

NIGERIAN insurers have indicated that the insurance industry is under-served with only about 20,000 agents covering the country.

Chief Executive of Stanbic IBTC Pension Managers, Mr. Eric Fajemisin, in this interview discusses how the proposed micro pension scheme will grow the pension sector.  Excerpts

President of the Chartered Insurance Institute of Nigeria, Mrs. Funmi Babington- Ashaye, in this interview speaks on efforts the Institute is making to grow insurance penetration.