Have you ever caught yourself going through your mobile banking app to see your bank balance, or checking your portfolio to see how much it has grown or your clock to tell the time? It is simply a natural tendency for humans to be curious about what is going on. Personal Finance Ratios are important……
Tag: Finance
Money Tips for Single Mums
Recent analysis has revealed that single parents, in particular single mums, who form over 80% of single parenting have experienced the hardest economic shocks as a result of the global Covid-19 crisis. Single mums face unique financial challenges as they simultaneously try to provide for the family, take care of their own financial needs, whilst…
Dearth of data undermines growth of actuarial practice — experts
THE dearth of data in the insurance industry is undermining the growth of actuarial services in the sector leading to under-pricing of risks. Continue reading Dearth of data undermines growth of actuarial practice — experts at Vanguard News. Find more latest news and headlines from the newspaper
Micro pension scheme will enhance financial inclusion – IEI boss
Managing Director/Chief Executive Officer, CEO, of IEI Anchor Pensions, Mr. Glory Etaduovie in this interview talks on ways the micro pension will improve living standards. Excerpts: Continue reading Micro pension scheme will enhance financial inclusion – IEI boss at Vanguard News. Find more latest news and headlines from the newspaper
Top banks struggle to grow earnings,profitability
AVERSION for credit risk may have begun to take more serious toll on top banks in Nigeria, otherwise referred to as tier-1 banks. Continue reading Top banks struggle to grow earnings,profitability at Vanguard News. Find more latest news and headlines from the newspaper
Market set for bullish bond trading, lower cost of funds
THE interbank money market will, this week, receive liquidity boost of over N1 trillion fuelling expectations of lower cost of funds and higher bond prices. Continue reading Market set for bullish bond trading, lower cost of funds at Vanguard News. Find more latest news and headlines from the newspaper
Fidelity Bank records N20.1bn profit in 9 months
FIDELITY Bank has recorded a profit after tax of N20.1 billion in the nine months period ended September 2018, up 23.6 percent from the N16.2 billion in the corresponding period of 2017. Continue reading Fidelity Bank records N20.1bn profit in 9 months at Vanguard News. Find more latest news and headlines from the newspaper
N200m capital base excessive for rural MfBs — Ilutitun-Osoro MfB
Managing Director, Ilutitun-Osoro Microfinance Bank Limited, Ondo State, Mr. Ohizemokhai Mascot, in this interview, commended the recent decision of the Central Bank of Nigeria (CBN) to increase minimum capital base of MfBs. He however averred that the N200 million capital base stipulated for Unit MfBs is far more than what MfBs in rural areas need…
Continental Re urges industry stakeholders to work together
CONTINENTAL Reinsurance has called on industry stakeholders to work together to increase insurance penetration on the continent of Africa. The Group Managing Director, Dr Femi Oyetunji, who said this during the 10-year anniversary celebration of the company’s presence in Kenya, noted that the company’s journey in Kenya has been inspired by various factors namely: a…
Using Direct Debit to facilitate your business
ONE of the ways businesses reduce the risk of decline in revenue due to delayed payment for goods and services is the use of Direct Debit. Continue reading Using Direct Debit to facilitate your business at Vanguard News. Find more latest news and headlines from the newspaper
Insurance firms urged to invest more in infrastructure
MANAGING Director of Infrastructure Bank Plc, Mr. Adekunle Oyinloye, has called on operators in the insurance industry to invest more in infrastructure financing in the country. Continue reading Insurance firms urged to invest more in infrastructure at Vanguard News. Find more latest news and headlines from the newspaper
PoS transactions rise by 57% to N1.6tr in Q3’18
VALUE of Point of Sale (PoS) transactions grew by 57 percent quarter-on-quarter, QoQ, to N1.6 trillion in the third quarter of 2018, Q3’18, from N1.02 trillion in Q2’18, while Nigerians opened 4.4 million bank accounts during same period. The new bank accounts opened during the quarter comprise 3.4 million savings accounts and 800,000 current…