MANY of the major risks U.S. banks face lay beyond their control, according to a review released by banking’s top federal regulator on Friday that found the sector’s financial performance remains strong.

ZIMBABWE is yet to reach a deal with the World Bank and other foreign lenders over clearing arrears and implementing reforms, the International Monetary Fund said, warning that reliance on raising money domestically could further fan inflation.

THE World Bank said it will start a fund to finance women entrepreneurs, an idea it developed in tandem with Ivanka Trump, the daughter of the U.S. president.

THIRTEEN insurance companies settled N35.7 billion claims to various clients in 2016.

The National President, Constance Shareholders Association of Nigeria, CSAN, Shehu Mallam Mikail, in this interview with Financial Vanguard spoke on Med- View Airline Plc joining the cream of companies listed on Nigerian Stock Exchange, NSE; prospects of its proposed capital raising; financial performance , among other things

THE National Insurance Commission (NAICOM) has approved the 2016 accounts of 39 insurance companies, leaving out about 10 others that were among the 49 that have so far submitted in line with the International Financial Reporting Standards (IFRS).

AGENTS of Financial Institutions and Mobile Payment Operators have called for the intervention of the Central Bank of Nigeria (CBN) to address the challenges of excessive service charge and inadequate funding plaguing the agent banking system.

The decision is a positive one for the market. If they had actually effected that change to the negative side, that would have affected investors’ confidence. But now that they have extended the review period upward, I think that will give investors some level of confidence. Of course, you know the market has been very strong or bullish over a couple of period because of the renewed interest. That shows the level of confidence investors have in the market. So, apart from that, I also think that the FX situation has actually been very supportive of the market for them to say ‘let’s wait and see the impact of the FX situation. I think for me that is quite good for the market.

DIRECTOR General Standards Organisation of Nigeria (SON), Osita Aboloma, has declared that the agency would spare no effort at boosting intra and inter-African trade.

Reflecting uptick in economic activities buoyed by improved foreign exchange inflow courtesy of oil price rebound and increased foreign investment inflow occasioned by new foreign exchange policy of the Central Bank of Nigeria, CBN, investors’ fortunes on the Nigeria Stock Exchange (NSE) soared by whopping N2.2 trillion in the first half of the year (H1’17).