Morning Beats

Wema Bank to resume dividend payment

Shareholders of Wema Bank Plc will soon begin to reap benefit of the bank’s turnaround as the first generation bank continues to improve its profitability.The Nation

World Bank: coverage gaps in social safety nets inadequate

World Bank has faulted an estimated 36 per cent of the very poor, or 50 million people, that escaped extreme poverty because of social safety nets.The Nation

AIO suspends Prestige, others over fees

THE African Insurance Organisation (AIO) has suspended Prestige Assurance Plc, Standard Alliance Plc and Industrial and General Insurance (IGI) for failing to pay subscription fees for more than three years.The Nation

NIRSAL picks eight commodities for de-risking

The Nigeria Incentive-Based Risk Sharing for Agricultural Lending (NIRSAL) will focus on de-risking eight agricultural commodities and their value chains, its Managing Director, Aliyu Abdulhameed told reporters on the sidelines of a training programme for NIRSAL, Central Bank of Nigeria (CBN) and Ministry of Agriculture workers in Abuja on agriculture value chainThe Nation

Jaiz Bank assures on sustainable growth

Jaiz Bank Plc board of directors has assured that the bank would continue to improve on its performance as the pioneer non-interest bank expands its operationsThe Nation

Q1’18: Unlisted Securities Index rise 112%

NASD OTC Securities Exchange has recorded 112 percent growth in the Unlisted Securities Index, USI, in the first quarter, Q1 2018.Vanguard

Equities pricing: Investment analysts differ on outlook this week

AS the quarter one, Q1, 2018 earning season comes to a close, investment analysts have expressed divergent opinions on the outlook for equities this week.Vanguard

We are willing to fund start-ups — DBN boss

You will recall, November last year we started our learning activities with three microfinance institutions.Vanguard

CBN sustains liquidity mop up as N330bn inflow hits interbank

THE aggressive liquidity mop up operations conducted by the Central Bank of Nigeria (CBN) last week is expected to persist this week as inflow of N330 billion boost interbank money market liquidity.Vanguard

18 banks resist push towards lower interest rates

ALMOST one year after the Central Bank of Nigeria, CBN, began a drive towards lower interest rates, about eighteen banks have declined to toe the apex bank’s policy line.Vanguard

Why investors are frosty-footed on bellwether stocks

WE continue our inquest into the current earnings performance of leading companies in the Nigerian Stock Exchange, NSE, at the backdrop of the continued adverse investor sentiments on the stocks.Vanguard

13 firms fail NSE’s listing requirement

Thirteen listed companies have relapsed and are trading below the minimum volume of shares required for retail shareholdings and public trading on their shares.The Nation

We’re committed to sensible projects – World Bank

The World Bank has reiterated its commitment to development projects aimed at creating meaningful impact in developing countries.Punch

Currency swap deal with China’ll support naira — Ecobank

The $2.5bn bilateral currency swap deal between Nigeria and China is likely to reduce further the strong demand for the United States dollar and support the naira, analysts at Ecobank Capital have said.Punch

Nigeria’s future lies in non-oil sector, says Osinbajo

Vice President Yemi Osinbajo on Saturday reiterated the Federal Ggovernment’s position that the nation’s future lies in the non-oil sector.Punch

FG to deliver 2,450 housing units – Minister

The Minister of State for Power, Works and Housing, Suleiman Hassan, has said that the Federal Government will deliver no fewer than 2,450 housing units in the first phase of the National Housing Programme of the President Muhammadu Buhari administration.Punch

Risks in Nigeria, China $2.5b currency swap deal

For the country to achieve full benefits from the recent currency swap deal, it must develop competitive advantage in the production of certain exportable goods that China currentlyGuardian