PFAs rekindle financial security in retirement
One of the features of the new contributory pension scheme is advisory services to prospective retirees on how to plan ahead and imagine life...
Jos bank customers lament reintroduction of ATM charges
Some bank customers in Jos, Plateau and its environs have reacted to the reintroduction of charges on the use of Automatic Telex Machine (ATM)...
Regulatory headwind sweeps banks off profit target
A headwind stoked by regulation and a lack of innovative, customer-friendly products plus dwindling yield in fixed income instruments combined to cast a grim...
First Bank bow labour demands, releases N1.8BN
The Amalgamated Union of Public Corporations, Civil Service, Technical and Recreational Service Employees (AUPCTRE) says their picketing of First Bank Headquarters in Lagos had...
Prospects, dangers of alliance between insurance, telecom firms
Insurance firms are leveraging on coverage provided by telecommunication outfits to sell products to a vast portion of the uninsured in Nigeria, to deepen...
Insurance sector worst hit by GDP rebase
• NAICOM vows to improve status
The contribution of the insurance industry to Nigeria’s Gross Domestic Product (GDP) has been weakened by rebasing the GDP...
Naira flat on oil firms’ dollar sales
Supported by dollar sales by Shell and the Eni, the naira closed flat at N161.85 against the dollar on the interbank market on Wednesday,...
Take advantage of Lagos Micro credit fund, Auldon CEO urges entrepreneurs
Chief Executive Officer of Auldon Limited, Paul Orajiaka, has called on entrepreneurs and artisans especially those trained by the Lagos State government to take...
Financial markets against regulators in recapitalisation battle
Nigeria’s financial markets, including capital, finance houses and bureaux de change (BDC) are inches away from turmoil and strategising for the final battle for...
Big reap off of stockholders on NSE
There seems to be no respite for investors in insurance stocks at the Nigerian Stock Exchange (NSE) since the crash in the market in...