By Kayode Tokede FBNQuest Asset Management, a subsidiary of FBN Holdings, recently held annual general meetings for five mutual funds managed by the firm. The funds are the FBN Balanced Fund, FBN Smart Beta Equity Fund, FBN Eurobond Fund, FBN…
By Kayode Tokede The Federal Government has concluded plans to issue Eurobonds for 2021 and is going to pick advisers to the transaction through an open bid process. The amount to be raised is expected to be within the external…
By Kayode Tokede Naira at the Investors Foreign Exchange window ( I & E FX) on Wednesday lost by 0.12 per cent to close at N411 against the Dollar. The local currency also lost by 0.15 per cent against the…
By Kayode Tokede The Nigerian Stock Exchange (NSE) has fined Conoil Plc; Deap Capital Management & Trust, a Mortgage banker; R.T. Briscoe Plc; FTN Cocoa Processors Plc;Royal Exchange Plc and 35 others over N1 billion for their failure to file…
By Kayode Tokede With the evolution of the fourth industrial revolution, Nigerians stand on the brink of a technological revolution that will fundamentally alter the way they live, work and relate to one another, according to the federal government. The…
By Kayode Tokede Naira on Tuesday depreciated at the Investors & Exporters Foreign Exchange (I&E) window by 0.3per cent to N410.50 against the Dollar but was flat at N485.00 against the Dollar in the parallel market. The local currency gained…
By Kayode Tokede Analysts at InvestmentOne Research have projected inflation rate to around 17per cent from 15per cent in 2021, higher than the average of 13.20per cent in 2020. Recently, the National Bureau of Statistics released the inflation figure for…
By Kayode Tokede A total of nine banks disburse N16.2trillion loan facilities to companies, individuals as well as government entities in 2020, our correspondent can report. The nine banks are Zenith Bank Plc, FBN Holdings Plc, Guaranty Trust Bank Plc,…
By Kayode Tokede Only relatives of deceased workers in the public and private sectors whose monthly pensions were remitted regularly by their employers were paid death claims under the Contributory Pension Scheme. Since inception of the Contributory Pension Scheme, the…
By Kayode Tokede Linkage Assurance Plc will, this week, engage its broking partners in Kano state and its environs for better product distribution and increased consumer service. This, it said, was in a bid to strengthen its market presence in…
