THERE are different types of funds transfer services and it is important for bank customers to understand the differences and implications.

SKYE Bank Plc, one of  Nigeria’s leading retail commercial banks and six other companies have been commended and awarded platinum prize for committing huge resources in support of securing lives and property in Lagos State.

THE amount of idle cash (excess liquidity) in the interbank money market may cross the N1 trillion mark this week following the upsurge in market liquidity last week, which caused cost of funds to fall to the lowest level this year. 

INVESTORS appetite for the newly introduced Federal Government of Nigeria, FGN, Savings Bond (FGN-SB or Savings Bond) has eroded by 88 percent as at November, 2017. But the Debt Management Office (DMO), the issuers of the bond, and market analysts are divided over the performance. 

WORLDREMIT has raised $40million to drive its next phase of global growth, aiming to serve 10 million customers connected to Nigeria and other emerging markets.

If today, only five out of 10 people have access to financial services, how do we ensure that by the next three years, eight out of 10 are able to have access to financial services?

LAGOS State has paid a total of N61 billion to its retirees since commencement of the retirement benefit bond certificate presentations in 2010.

THE Association of Investment Advisers and Portfolio Managers, IAMP, have called on the regulatory agencies in the capital market to be more proactive in investigating reported cases of infraction among market operators in order to safeguard investors’ interest.

I think the government still got to continue carrying on with promotional activities. But what we also got to recognize that what any government does when it is doing promotional activities is to simply talk about the investment environment. So, in the end, what all of us must do, including my organisation is that we have to be helping businesses find each other and actually talk about reality of doing businesses.

INVESTORS appear to have set off speculated positioning on the stock of  Seven-Up Bottling Company Plc (7UP), against the acquisition offer price. Last weekend the stock price moved up almost 5 percent on 141,000 trade volume on a single day trade to close at N101.97, leaving just 11.05 percent premium for any new buyer who may be holding the shares to sell off under the acquisition scheme.

Loan recovery is a very major challenge in the Microfinance Bank, MfB, sub-sector. It is not just microfinance, but in the entire banking industry. The stress and distress in the economy have made so many things to be abnormal and thereby made people to be unable to pay back loan.

We are having a programme early next year. It is a business outlook and we are getting an expert who will analyze the insurance opportunities that are in the 2018 budget. The issue is that insurance penetration is dependent on insurance enlightenment and in as much as we have over 180 million people, we have a duty to ensure that they know about insurance.

If you look at the results of most insurance players over the past nine months you could see an increase for the entire industry largely on the non-life business. Most of that is driven by oil while some is driven by the impact of devaluation as well.

NATIONAL Insurance Commission (NAICOM) has placed a two year limit on bancassurance partnerships between insurance companies and banks.

SOVEREIGN Trust Insurance Plc said that its gross written premium grew to N7.3 billion in the third quarter (Q3)  of 2017 from N4.9 billion in the corresponding period of 2016.