ACCESS Bank has introduced a parental leave policy that extends paid benefits to all mothers and fathers.

FIDELITY Bank PLC has offered to   provide free advisory services to cash prize winners in the ‘Get Alert in Million Promo’.

FIRST Bank of Nigeria Limited has upgraded its Internet Banking Solution, FirstOnline, with improved features to promote and safeguard the electronic banking experience of customers vis-à-vis payment efficiency, versatility and productivity in their business transaction.

THE Nigerian Council of Registered Insurance Brokers has commenced discussions with the leadership of Lagos Chamber of Commerce and Industry (LCCI) and Nigerian-German Business Association (NGBA) on the possibilities of leveraging on the membership of both institutions to further deepen insurance penetration in Nigeria.

Operator in the Small and Medium Enterprises (SMEs) sector has faulted claims by some local banks to have hugely financed many businesses in the sector.

NIGERIAN insurance companies with offices in francophone countries are seeking approval to access markets in the Inter-African Insurance Markets Conference (CIMA) area.

PENSION Fund Administrators (PFAs) have invested N6.28 trillion out of the N7.41 trillion pension assets in Federal Government’s securities, as at the end of November 2017.

Analysts have bemoaned the 2017 performance of the Nigeria Customs Service, putting it below the performance in previous years. In this report, SAMSON ECHENIM writes that the prevailing policy environment formed a major consideration, while looking forward for a better performance in the current year.

Newly appointed Managing Director of Accion Microfinance Bank, MfB, Mr. Taiwo Joda in this interview  explains the factors that influence the high interest rate charged by microfinance banks (MfBs). He however expressed optimism that the trend would abate as more intervention funds are  made available to MfBs.  Excerpts:

As investors gain N1.5trn in 5 days Stories by Peter Egwuatu FINANCIAL Analysts have predicted that the equities will be characterised with profit taking from investors this week as the six-day impressive rally in the Nigerian Stock Exchange, NSE was halted Friday last week. The uptrend in market performance from the prior week was sustained […]

FCAM’s Legacy Maturity (NGN) Fund shareholders, a mutual fund managed by First City Asset Management Limited, have approved 11kobo dividends for the financial year ended June 30, 2017.

AS the insurance sector awaits the commencement of Risk Based Supervision, RBS, this year, four insurance companies are in dilemma over N14.8 billion shortfall in their shareholders’ funds, which are far below regulatory requirement.

Commissioner of Information, Akwa Ibom State, Mr Charles Udoh, in this interview with Financial Vanguard disclosed the state government’s drive to industrialise the state and efforts to build infrastructure to attract foreign investors in different sectors of the economy. He disclosed that opportunity exists to build gas fired thermal power, other factories, among other viable projects in the state.

NOTWITHSTANDING  a drop in its profits after tax from N26,001,560 in the 2015 financial year, to N20,081,488 in 2016 owing to the adverse economic situation that characterised the 2016 financial year, First Royal Microfinance Bank has announced a dividend of five kobo per share for the financial year that ended December 31, 2016 to its share holders.

United Bank for Africa (UBA) Plc has announced its upcoming Board meeting, scheduled for Monday, January 29, 2018, where members of the Board will consider the financial statements for the financial year ended 31 December 2017 and also proposals for final dividend for the period.