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Analysts forecast increased inter-bank rates after Eid-il-Fitr

By Ademola Alawiye Analysts have said that inter-bank rates will rise as a result of liquidity tightness in the financial market after the Eid-il-Fitr celebrations. Analysts at First Security Discount House in their weekly report said, “Transactions in the Nigerian financial market this week will be reduced to three days […]

NAICOM to review bancassurance strategy

By Nike Popoola As the era of universal banking comes to an end, the National Insurance Commission is set to reverse the bancassurance straategy, the Commissioner for Insurance, Mr. Fola Daniel, has said. Under the bancassurance strategy, an insurance company uses banking halls in different parts of the country to […]

Inflation: The Quiet Plague – By Les Leba

  Nigerian housewives know too well that sinking feeling when all items on the household shopping list cannot be covered by the regular budget. Our womenfolk have since become past masters (or mistresses) of the rigours of creative adjustment. The options are well defined, either cut down or do without […]