Says it won’t be easy to turn Nigeria around in four years By Babajide Komolafe, Economy Editor In view of the level of poverty and hash economic environment in the country, the two most important things Nigerians expect from the next President are honesty and boldness, according to Ugochukwu Obichukwu, founder and Partner at Nairametrics Financial Advocates. […]

Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said yesterday that the Federal Government was borrowing money to fund petrol subsidies, insisting that the subsidy regime had become totally unsustainable.

By Rosemary Iwunze AXA Mansard Insurance Plc, a member of the AXA Group, has recorded 19 per cent Year-on-Year, YoY, growth in Gross Written Premium for the third quarter ended September 30, 2022. Speaking on the result, the Chief Financial Officer of the company, Mrs. Ngozi Ola-Israel, said, “2022 has been a challenging and dynamic […]

By Ediri Ejoh The Oil Producers Trade Section (OPTS), a leading advocacy group for the Upstream Oil & Gas Industry in Nigeria, recently marked its 60 years of existence. In this interview, the Executive Director of OPTS, Mr. Bunmi Toyobo, a Shell Petroleum Development Company (SPDC) Executive on secondment to the group, speaks on its […]

By Adebisi Ikuomola Risk, no doubt, is an uncertainty of future events. Most insurance solution providers would compete responsibly in meeting their teeming customers’ expectations and create new customer experience in order to continue to survive and navigate the ever increasing complex business environment. At the back of the pandemic, Nigeria’s economic growth recovered but […]

By Ivor Takor, mni Esq. The General Conference of the International Labour Organisation (ILO) on 28th June, 1961 adopted Recommendation (No.115) of 1961 on Workers’ Housing. The recommendation is to the effect that each member country should, within the framework of its general social and economic policy, give effect to the General Principles of Workers Housing […]

By David  Adonri, Vice Chairman, Highcap Securities In the last edition of Money Digest, the use of Forwards and Futures to manage investment risks was discussed. Now our focus is on managing investment risks using Options and Swaps. As reminder, Forwards, Futures, Options and Swaps are basic derivative contracts from which several hedging products can […]

By Sola Oni Equity Investors across the global markets are embattled. Securities markets are plummeting, prompting many investors  to flock out of risky stocks to take position in fixed income securities. Central banks worldwide are under pressure to tackle rising inflation.  Their multifaceted models  to operate fiscal and monetary policies are fading.  Miffed by the […]

By Uju Obuekwe Our world is saturated with marketing messages, making it hard for businesses to stand out from the crowd. But there is one tool that can cut through the noise, and that is storytelling. A story can help you connect with your customers in ways that no other method can—and there’s proof that […]

MSMEs require greater attention -Okpanachi By Emma Ujah, Abuja Bureau Chief The Federal Government, FG, has said it has so far disbursed over N462.2 billion to strengthen the Small and Medium Enterprises (MSMEs) operations in the country. Giving details of the funding actions at the third Annual Lecture Series of the Development Bank of Nigeria, […]

Their interest income will rise further – CBN They may not implement higher savings rate – Banks customers By Elizabeth Adegbesan Banks are expected to raise their interest rates on loans starting this week, barely a week after the Central Bank of Nigeria, CBN, effected a hike in the Monetary Policy Rate, MPR. The MPR […]

A major player in the international banking scene is Standard Chartered Bank, with a network of offices in over 70 countries including Nigeria. In this interview with Vanguard MoneyDigest, Linzi Blakey, Managing Director, Global Head Human Resources, Client Coverage, Corporate, Commercial and Institutional Banking (CCIB), shares insight on the various talent development initiatives of the […]

The Head of Corporate Communications and Public Affairs at Nestle Nigeria, Victoria Uwadoka, has shared insights on how the company is improving quality of life in Nigeria. Uwadoka spoke on health and food during a courtesy call on Vanguard Media Hub, Ilupeju, Lagos, and also described Nestle as a responsible brand. Answering questions on the […]

By Bisis Daniels A few years before the Minister of State for Petroleum Resources, Timipre Sylva challenged indigenous oil and gas companies to significantly increase their investments in oil and gas assets in the country, many of them had taken the plunge on their own. Speaking recently as chairman and special guest at the Nigerian […]

By Peter Egwuatu Nigerian Exchange Limited NGX) has listed the second tranche of the Lagos Free Zone N25 billion series 2 bonds, the first 20-year corporate infrastructure bond in Nigeria. The Exchange also hosted a Closing Gong ceremony to commemorate the listing of LFZ’s N25 billion 20-year, 13.25 per cent Series 2 Senior Guaranteed Fixed Rate […]