The local content law was not made today. The problem with our sector has not been lack of regulation; it is lack of enforcement of those regulations. Issuing a new directive is reiterating and putting on the front burner those regulations that already exist. Hence, the regulator has just stepped up on the things that they should be doing. Some measure of enforcement coupled with sanctions when there are breaches will help bring back operators onto the line.

AFRICAN Reinsurance Corporation, Continental Reinsurance Plc and 15 other organisations have extended corporate sponsorship to the 44th African Insurance Organisation (AIO) coming in Kampala, Uganda next week.

Shareholders of Unilever Nigeria Plc have unanimously endorsed its Board of Directors’ proposal to pay N378 million dividend for the financial year ended December, 2016.

PENSION fund managers in Nigeria have increasingly been reducing their exposure to the stock market by allocating less of their assets to domestic equities and more to Federal Government of Nigeria (FGN) bonds and other fixed income securities.

The positive sentiments in the Nigerian equities market may continue this week due to the impact of the 2017 budget just passed last week by the National Assembly and the new Investors and Exporters ,I &E forex window introduced by th the Central Bank of Nigeria, CBN.

ABANK overdraft is a temporary loan banks give to individual and corporate account holders that enable them withdraw funds above the balance available in the account. Thus, an overdraft allows the individual to continue withdrawing money even if the account has no funds in it or not enough to cover the withdrawal.

THE contributions of Sterling Bank Plc to the growth of the agriculture sector in the country has been recognised as the financial institution received the Agric Bank of the Year Award.

The capital market benefits from flow of fund in the economy, and up till now, the fifth month into the year, the 2017 budget, which is supposed to spur spending in the economy has just been passed, but yet to be signed by the president. Aigboje Higo, Managing Director, Capital Bancorp Plc, x-rays the impact […]

The plan by Unilver Nigeria Plc to divest from its spread business will help the company to maximise value for all its stakeholders, say capital market operators.

The United States said on Saturday the world’s other rich economies were getting used to the policy plans of President Donald Trump, but Europe and Japan showed they remained worried about Washington’s shift.