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Nigerian elites are not interested in the power sector – Pro Ekpo

Professor Akpan Ekpo, the Immediate Director General, West African Institute for Financial and Economic Management and former Vice-Chancellor, University of Uyo, Akwa Ibom, in this interview  sets economic agenda for the post election government stressing that the country has the resources to move millions of people out of poverty.  He also blamed the persistent power supply problem on the elites who he averred are not interested in solving the problems of the power sector.
Continue reading Nigerian elites are not interested in the power sector – Pro Ekpo at Vanguard News Nigeria. …

ABCON demands exemption of BDCs from VAT, CoT

THE Association of Bureaux De Change Operators of Nigeria, ABCON, has called for the exemption of Bureau De Change operators from paying Value Added Tax, VAT, and Commission on Turnover, COT.  President, ABCON, Dr. Aminu Gwadabe made this call at the launching of the association’s Automation Portal project titled “Digitising BDCs operations for efficiency, transparency and regulatory compliance”, held in Lagos.
Continue reading ABCON demands exemption of BDCs from VAT, CoT at Vanguard News Nigeria. …

Payment Service Banks will complement banks on financial inclusion – Sekibo

Managing Director/Chief Executive, Heritage Bank Limited, Ifie Sekibo in this interview on the sidelines of the Vanguard Economic Summit, sponsored by the bank, spoke about the expected entrance of Payment Services Banks in the industry, listing of Heritage Bank on the Nigerian Stock Exchange as well as the unique selling points of    the bank’s Octopus platform. Excerpts:   
Continue reading Payment Service Banks will complement banks on financial inclusion – Sekibo at Vanguard News Nigeria. …

Cost of funds decline to persist as N579bn boost interbank liquidity

COST of funds in the interbank money market is expected to moderate further this week in response to inflow of N579 billion from maturing treasury bills. Last week, average short term cost of funds defied the liquidity mop up efforts of the Central Bank of Nigeria, CBN, falling by 238 basis points (bpts).
Continue reading Cost of funds decline to persist as N579bn boost interbank liquidity at Vanguard News Nigeria. …

FCMB in quest of customer centric solutions

By Babajide Komolafe
OVER the years, the financial services industry in Nigeria has undergone various forms of transformation in terms of operations, service delivery and other indices of performance.
Increased sophistication in the lifestyle of people, changing tastes, demanding schedules, technological savviness, amongst other modern trends, have seen operators in the sector constantly reinventing the wheel to meet and satisfy the needs of the ever-dynamic environment as well as the populace.
Continue reading FCMB in quest of customer centric solutions at Vanguard News Nigeria. …

Annuity business bounces back, leads contribution to gross premium

AS the crises over transfer of all annuity assets under the management of life insurance companies to Pension Fund Custodians, PFCs, finally settles, growth in annuity business is now outpacing insurance industry’s total life premium income.
Continue reading Annuity business bounces back, leads contribution to gross premium at Vanguard News Nigeria. …

17million Nigerians viewed top brands adverts in 2018

17million Nigerians viewed top brands adverts in 2018

YouTube said that 17 million consumers in Nigeria viewed top Ads in 2018, while 257.5million viewed top adverts (Ads)    globally.
YouTube said the top Ads represent brands that have executed the most popular Ads, as determined by its strongest signals of viewer choice – including factors like watch time, views, and mix of paid/organic views.
The 2018 Nigeria Year-End YouTube Ads Leader board include    MTN – Traditional Wedding Day with 2.6 million views, Jumia’s Black Fridays    with 2.3 million views, Stanbic IBTC – Enabling you to be you with    2.1 million views, Union Bank of Nigeria – Enabling Success with    2.7 million views, United Bank of Africa – 919 Dance Video    with    1.6million.
Continue reading 17million Nigerians viewed top brands adverts in 2018 at Vanguard News Nigeria. …

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