INVESTMENT analysts have said that the low equities prices that has resulted from the continuing bearish run in the market has presented an opportunity for bargain hunters, who may re-enter the market this week.

NIGERIANS opened 6.5  million savings accounts in the first quarter of 2018, Q1’18, reflecting the impact of the financial inclusion campaign by banks and the Central Bank of Nigeria, CBN. However, the number of inactive bank accounts rose by 1.6 million or 4.3 percent to 38.3 million during the period from 36.7 million in Q4’17.

MANAGING Director/Chief Executive, Fidelity Bank, Mr. Nnamdi Okonkwo, has assured shareholders that the bank will capitalize on growth opportunities in the Nigerian economy, to deliver better returns in 2018

CENTRAL Securities Clearing System, CSCS Plc and its shareholders have decried the cumbersome process involved in the recovery of unclaimed dividend associated with the death of shareholders from quoted companies in the Nigerian capital market.

LACK of prompt payment of pension accrued rights by the federal government is adversely affecting the smooth running of the Contributory Pension Scheme, CPS, a pension expert has said.

INSURANCE products to facilitate financial responses to outbreaks of diseases such as Ebola, Meningitis, and Lassa fever in Nigeria and 29 other Africa countries are underway. An agency of the African Union, the African Risk Capacity, ARC, in a statement, weekend, said that it is working with West, East and Central African countries to determine their epidemic risks and select pathogens to be covered.

Sterling Bank Plc has unveiled an automobile finance partnership deal with Tata Africa Services Limited to provide easy and affordable facility for Small and Medium Scale Enterprises (SMEs), which will enable them acquire various brands of vehicles and spare parts from the auto company.

For the third year in a row, Paga has been presented an award by the Nigeria Inter-Bank Settlement Systems Plc (NIBSS) for the mobile money operator’s outstanding performance in achieving the highest transaction count on the Global Mobile Regulatory & Monitoring Platform in 2017, and named Top Mobile Money Operator.

Operators in the Nigerian insurance industry are demanding amendment of the country’s tax laws saying multiple taxation being imposed on their businesses are hindering prompt claims settlement.

SHAREHOLDERS of Consolidated Hallmark Insurance Plc, CHI, will be paid N140 million or two kobo per share as dividend for the 2017 financial year. Chairman of the company, Mr. Obinna Ekezie, disclosed this to shareholders at the company’s annual general meeting in Lagos last week. He said that the company believes shareholders deserve all the reward they can get through regular dividend payments and more for their continued faith and firm belief in the company.