THE bullish stance that investors have taken on equities in the past two months remained intact last week as the market closed with N188 billion gains.

BANKS are anticipating increased lending and borrowing activities in the third quarter of the year, driven by expected upsurge in economic activities during the quarter.

AT the backdrop of funding exigencies and inability to raise longer term and cheaper capital from the capital market, top 15 companies in the manufacturing sector, listed on the Nigerian Stock Exchange, NSE, were compelled in 2016, to seek expensive and short term bank loans to bridge funding gaps. Thus, they spent N127 billion servicing about N418 billion loan they borrowed.

FOLLOWING consistent absence of both Federal and State government’s representatives in most capital market fora and its dire consequences on the market’s development, the Chartered Institute of Stockbrokers (CIS) is demanding for a change of attitude to move the market forward.

FBN Holdings Plc has commenced move to reduce its Non Performing Loan, NPL, which stood at over 25.2 per cent in the first quarter of 2017.

First of all, on the back of the fact that macro-economic indicators are looking good, it is obvious indication recession is gradually ebbing; we are obviously coming out of recession. The fact that inflation is falling, the fact that Purchasing Managers Index, PMI, has been above 50 per cent, the fact that foreign exchange liquidity is better now, we are expecting to see an improvement in companies result in Q2, which will cause a further rally in the market.

AHEAD of the launch of Exchange Traded Derivatives, ETDs, by the Nigerian Stock Exchange, NSE, later in the year, the second vice-president of the NSE Council, Mr. Abimbola Ogunbanjo, has expressed optimism that the ETD initiative will develop into a robust market that could support the nation’s growth ambition.

The top 10 banks earned N138 billion from charges on electronic payment transactions. This represented 26 per cent increase from the N109.1 billion earned in 2015. Bank customers who spoke to Vanguard, however, differed in their views about this development.

The Chairman, Association of Issuing Houses of Nigeria, ASHON, Chief Patrick Ezeagu, in this interview with Financial Vanguard, spoke on monetary and fiscal policies affecting the stock market, forth coming capital market summit and how government’s patronage, among others can boost the Nigerian capital market

RISK managers in the country have warned federal and state governments against risks posed to national security as a result of insufficient means of identification of millions of Nigerians and foreigners domiciled in the country. The Risk Managers Society of Nigeria (RIMSON)) at its annual conference in Lagos, said the risks posed by unregistered people underscored the imperative for a centralised identification database of all people resident in the country anchored on a National Social Security Scheme.

GUARANTY Trust Bank plc, has launched GTPATRIOT, a unique Salary Account Package which offers Nigeria’s servicemen and servicewomen subsidized banking products and dedicated value added services.

ACCESS Bank Plc has rewarded 20 customers with exciting prizes in its ongoing ‘Family Fortune Promo’. The rewards include rechargeable fans, microwave ovens, among others.

Mr. Abiola Ezekiel Ekundayo, Managing Director of WAICA Reinsurance Corporation Plc speaks on the impact of the company in Africa’s economy, and more.  Excerpts: By Favour Nnabugwu WHAT is WAICA Re’s performance in 2016? As at the end of the day we are able to close on a very sound note. We increased the premium […]

Mr. Emeka Okwuosa, the Chief Executive Officer, Oilserv Group, believes that the biggest problem in any business idea is execution. For him, talk is easy, but execution is key. In this interview he addressed the challenges of proper execution of projects, especially in the power sector.

Chief Executive Officer, Stanbic IBTC Trustees Limited, Mrs. Binta Max-Gbinije, urges Nigerians to leave a legacy that counts by embracing a culture that ensures uncomplicated acquisition of assets and seamless distribution of such assets to cherished ones.