Archives for June 8, 2016
CBN and the controversial bid to strengthen BDCs
The Central Bank of Nigeria (CBN), recently reviewed upwards the operating capital requirement for Bureau de Change (BDCs) in the country in a bid to achieve sanity and financial stability…
Ebola: Insurance sector assures competence in risks mitigation
As the dreaded disease, Ebola Virus Disease (EVD) continue to spread across West African countries with its  attendant scourge on lives and economies, the need  for insurance as a succor…
Insurance: Making sector relevance through innovation, right product
The sector in 2014 witnessed  some leap, though saddled with challenges involved in preparing International Financial Reporting Standard (IFRS) based account.  This saw most insurance companies holding 2012 annual general…
Unforeseen circumstances mar stock market performance in 2014
Despite all predictions by market analysts that 2014 performance will greatly outweigh that of 2013,  bottom-line of the  nations stock market  as at December, 2014 remained abysmally  below expectation as…
Stock market in 2015: experts hinge growth on investor attraction
The financial year 2015 was indeed victim of spill over of 2014 poor performance. Despite all predictions by market analysts that 2014 performance would greatly outweigh that of 2013, unfortunately…
Insurance sector popularity driven by huge potentials
The Nigerian insurance sector has over the last three year remained toast of potential foreign investors. Consequently, the sector in 2015 witnessed influx  of foreign players who deemed the market…
Economy Rebasing: Insurance Sector Struggles for Relevance
The recent rebasing of the nation’s economy which placed Nigeria as the first largest economy in the Africa and 26th in the world, has indeed placed more responsibilities on the…
Oil Insurance: Tough regulations hinder indigenous players
Despite the huge business opportunities offered by the  Nigeria Content Development Act 2010,  foreigners still have firm grip of  the risks emanating from the nations  oil and gas sector. Unarguably,…