Pension Reform Act and your retirement savings account
There are five highlights of the Pension Reform Act signed into law July 1, 2014. It repeals the Pension Reform Act 2004.
The new Act...
Investors offload N38.8b shares upon CBN new dividend rules
Three weeks after the Central Bank of Nigeria (CBN) announced the introduction of a new dividend policy, investors are offloading stakes in fear of...
Banks’ shares set to tumble on new CBN rule on dividends
A new rule by the Central Bank of Nigeria (CBN) to stop banks which do not meet minimum capital requirement from paying dividends to...
Banks won’t grant loans from Nov 3 without BVN
From November 3, all fresh loans from banks must have Bank Verification Number (BVN) as a condition for draw down, according to a circular...
Sterling Bank woos customers with One Bank, PETSS products
Sterling Bank is raising service delivery level with two branded telephone handsets called One Bank and Personal Education Technology for Secondary Schools (PETSS).
The bank's...
Diamond Bank gets new GMD
The Board of Directors of Diamond Bank Plc has announced the appointment of Mr. Uzoma Dozie as its new Group Managing Director/Chief Executive Officer-designate...
Wema Bank coasts home with N2.5b profit in Q3
Wema Bank has sustained its return to profitability with third quarter unaudited profit of N2.5 billion, a strong financial performance in the period ended...
BOI misapplies SME funds, AMEN alleges
The Bank of Industry (BOI) has come under attack for alleged mismanagement of Dangote grant meant for micro entrepreneurs.
The bank is also criticised by...
Firms with N80b assets must be listed on NSE, says Azubogu
If the proposed capital market bill gets passed into law, companies with total assets and turnover in excess of N80 billion must be listed...
Money mistakes to avoid in your 40s
Bola Ajomale, the National Association of Securities Dealers (NASD) Managing Director and Chief Executive Officer, once emphasised on this page that life is not...
