Exemption of the personnel of the Police and other paramilitary agencies indicates, by implication, the dismantling of the institutions, systems and processes that government had put in place in the last few years towards the implementation of the pension reform programme, including the culture of national savings as well as the efforts to eradicate the structures that encouraged corruption during the pre-pension reform era.

There is a deficit in terms of roads that is available and the volume of traffic that goes in and out of the port. If you would recall that the road infrastructure was built so many years ago and of course road infrastructure is in relation to a particular traffic size. So, if the traffic size increases either in volume or in terms of the structure of that traffic, then policy planners need to make adequate provisions and ensure there are roads to take care of the new development.

PREVIOUS week we presented a general outlook for stocks in the cement sector and concluded that on a basket perspective the stocks are worth investing in short to medium term even now that bearish sentiment still dominates the market.

One of the focus of the Governing Board of NCRIB is to continually give value to members and enhance their compliance with the regulatory requirements expected of them. The Board has just approved the proposal for a shared service agreement where software is designed to assist members comply with NAICOM requirements and avoid penalties. Circulars explaining the full details of this initiative will be circularized to members.

Multiple taxation, especially double taxation of dividends has always been a burning issue in the Nigerian capital market. In this interview with Financial Vanguard, Mr. Godwin Anono, Chairman, Nigeria Professional Shareholders Association, NPSA, said it is disincentive to investment in the stock market and called on the federal government to cut tax. By Nkiruka Nnorom […]

WE are happy that domestic retail  investors are returning. This is because of what we see in the economy now. The government has shown that it has become more committed in improving the economy through the ease of doing business policy that they just put in place. Also, we have seen the recent improvement in liquidity via-a-viz the continuous reduction in inflationary pressure and monetary policy improvement.

COST of funds in the interbank money market is set to drop further in response to inflow of N413 billion this week.

FIRST City Monument Bank (FCMB) has won excellence award in alternate channel banking at a ceremony organised by leading global solutions provider, UMS.

SKYE Bank Plc has recognised winners of its Skye Rainbow Essay Competition across the country and presented them with state-of-the-art educational tablets.

FIRST Bank of Nigeria Limited  said it has acquired the remaining shares in FBNBank DRC Limited (FBNBank DRC), making it FirstBank’s wholly owned subsidiary.