Business in Politics: A historically recommended mix
How should we define the role of policymakers in improving the efficiency of the economy’s primary participants? Here are lessons form the first time business had a definitive say in politics.
Rome business school moves to sustain family enterprises
Rome Business School has restated its commitment to sustaining family business enterprises in Nigeria given their potential to lift the economy, especially at the micro level.The Country Manager of the school, Dr. Humphrey Akanazu....
On the MTN dividend payments saga
In case you have been out of the loop recently, you may have missed out on the saga involving the Central Bank of Nigeria (CBN), MTN, and a couple of banks.
Renewed interests in low price stocks buoy indices, pare losses
At the end of transactions on Friday, the gains recorded from the previous session were enough to spur a rebound of the indices at the Nigeria Stock Exchange (NSE). NSE’s All-Share Index (ASI) had opened Thursday with a sharp decline and was sustained till afternoon, but rebounded as high cap stocks that suffered losses
More firms defy pensions’ employee enrolment rules
Corporate organisations in the Information Technology (IT) and real estate sectors have joined a number of other sector operators to defy the rules of the Pension Reform Act (PRA) 2014, which mandated them to register their workers under the Contributory Pension Scheme (CPS).
MTN’s listing delay raises new concern
The prolonged delay by MTN Nigeria to list its shares on the Nigerian Stock Exchange (NSE) has become a renewed source of worry to capital market stakeholders, as they expressed fear that the action may dampen the zeal of others that had earlier declared interest to come for Initial Public Offering (IPO).
The battle against inflation challenges
The country’s monetary authority, in a bid to take hold of the price stability, has kept all its rates steady, at least, for the past 25 months, involving 12 bi-monthly sessions, specifically for purposes that run around inflation.
Sector sustains losing streak with N20b in mobile insurance
There seems to be no end to the insurance sector’s losses, as an estimated N20 billion yearly expected premium from mobile insurance may have been taken over by network operators, which now sell insurance products and also receive claims through mobile phone across the country.
FCMB takes 1,000 corps members to entrepreneurship forum
First City Monument Bank (FCMB) has taken almost 1,000 members of the National Youth Service Corps (NYSC) in Abuja, to a capacity building programme in demonstration of its commitment to the empowerment of youths, particularly, in entrepreneurship.
CBN Pumps $543m, CNY 63m into Forex Market
In another major round of interventions, the Central Bank of Nigeria (CBN), on Thursday, August 23 and Friday, August 24, 2018, injected a total sum of $543.22 million and CNY 63.21 million into the inter-bank foreign exchange market. At the Thursdays trading, the Bank offered the sum of $100,000,000 as wholesale interventions and allocated the…
Terminoxx will change the face of internet banking in the country, says Awosanya
Tayo Awosanya is the Managing Director of Zercom Systems, a software technology firm that provides IT solutions to corporate institutions. Prior to becoming CEO of Zercom Systems, he worked at BAE Systems as an IT Q/A Manager in Washington DC, on the Pension Benefit Guarantee Corporation (PBGC) Federal Government contract, where he was able to…