THE excess liquidity prevailing in the interbank money market will persist this week due to inflows of over N1 trillion expected from matured treasury bills and statutory allocation to the three tiers of government.

REPORTS of the Nigerian Interbank Settlement System, NIBBS, have indicated that Nigeria’s electronic payment (e-payment) services recorded N38.5 trillion transactions in the first half of 2018, H1’18, about 38.4 percent higher than the N27.8 trillion in the corresponding period of 2017, H1’17

NIGER Insurance Plc is set to attract fresh capital from new investors in a bid to drive its transformation initiative.

NIGERIA Bottling Company, NBC, bottlers of Coca Cola has said it will continue to invest in glass bottles as content container for its brands as it is more environmentally friendly, and helps the consumer to have a healthier drink.

SHAREHOLDERS of FMDQ OTC Plc have approved the plan by the Board of Directors to raise N5 billion fresh capital to further boost its operation.

THE Committee of e-Business industry Heads, CeBIH, says it will promote access to financial services for people at the bottom of the pyramid with digital solutions.

ONE of the ways businesses reduce the risk of decline in revenue due to delayed payment for goods and services is the use of Direct Debit.

THE new President of the  Chartered Insurance Institute of Nigeria, CIIN, Mr. Eddie Efekoha, has said that he will concentrate on advancing insurance education in the country during his tenure.

THE Chartered Institute of Stockbrokers, CIS, has emphasized its commitment to work with the National Assembly to amend some relevant investment laws that impede Nigeria’s economic development.

THE increase in the use of   mobile phones by people living in rural areas and those operating small businesses is facilitating easier access to financial services, said Chief Executive Officer, Sterling Bank Plc, Mr. Suleiman Abubakar.