Despite macroeconomic challenges bedevilling the nation’s economy, anticipation of robust 2022 full year earnings and dividend payout have continued to spur activities on the equities sector of the Nigerian Exchange Limited (NGX) as market capitalisation increased by N44 billion in the last trading session of the month of January.

Partner and Head, Deal Advisory, Mergers and Acquisition Tax and Regulatory Practice, KPMG Nigeria, Ajibola Olomola, has said businesses need to be guided by optimism especially as it relates to the electioneering era in the country

The Managing Director of First City Monument Bank (FCMB), Mrs Yemisi Edun, has advocated increased collaboration among banks, especially in information sharing, to effectively combat money laundering, terrorist financing and other illicit practices within the financial system.

Barely four weeks to the 2023 presidential election, stockbrokers have called for a regime change that would address uncertainties, as well as speedy and consistent economic policy direction to restore the country on a path of sustainable growth, while supporting a virile capital market post-election.

Penetration of Anti-Money Laundering (AML) and Know Your Customer (KYC) activities is predicted to witness a 70 per cent increase in 2023 as players in the financial industry intensify efforts to adapt to strict regulatory compliance obligations.