ACANDAV INTERNATIONAL COMPANY

Rates in Nigeria’s interbank money markets dropped further on Tuesday, amidst increased Liquidity, with the overnight and Open Buy-Back rates closing at 7.50% and 8.58%. Payment of coupon inflows is expected to hit the system to the tune of N34.71bn, even as Interbank rate closing flat at N305.80/$ Bonds Market It experienced weak demand on most tradable FGN bond. Some traders sold down on the long end of the curve . However, participants were very uncertain about the direction of yields . Treasury Bills Market witnessed huge demand, riding on the back of improved system liquidity, with investors taking strategic position as they reinvested bond coupon payments. Rates dipped by 25 basis point on the average across trading benchmark securities, just as demand was witnessed in the short to medium end of the curve. The trend is expected to continue owing to excess Liquidity in the system.we also expect CBN to offer Primary market auction tomorrow. The last stop rate for 91,

Details The Entrepreneur Mindset is a mentoring session with the Chairman of First Bank of Nigeria Ltd., Mrs. Ibukun Awosika aimed at preparing students, especially those in their final or penultimate year who are looking forward to life after school as entrepreneurs or who have already started some form of business and would like to learn the requisite skills for growing their business in a sustainable manner. This conference would help demystify entrepreneurship and provide participants with a clear path to what it takes to be a successful entrepreneur.

The Central Bank of Nigeria (CBN) says the nation is not on track to meet the financial inclusion targets, barely two years to the 2020 deadline as contained in the National Financial Inclusion Strategy (NFIS) of 2012. In an executive summary of the exposure draft tagged NFIS Refresh, released last week, the CBN noted that two financial inclusion targets were set for the year 2020. They are: “an overall financial inclusion rate of 80% of the adult population and a formal financial inclusion rate of 70% of the adult population.” Recall that in 2010, Nigeria began working towards reducing the percentage of its adult population without access to the formal financial system from 46.3% to 20% by the year 2020, following which the NFIS was launched on October 23, 2012. By 2016, the percentage only fell marginally to 41.6%, following which there were attempts at reviewing the strategy, focusing on evaluating progress, identifying gaps and developing a refreshed strategy document

Recently, I saw my Nokia phone that was bought 10 years ago. Amazing isn't it? However, it looks very weird to me especially the shape, Tiny buttons and the sound of the ringtone. As at that time, it was a best seller but now nobody will really be ready to put down their money to buy an obsolete technology because it is completely useless to the current time. Similarly, it is applicable to human being. Knowledge is the key to understanding. So, for you to get the best result, you need to always update yourself. Take Microsoft that update its software database every week, Facebook once or twice a month and the different apps on your phone. On the contrary, I could still remember How Nokia became irrelevant. That is, from world 1 phone producer to none; Motorola had the same issue, after they released the blade which generated $13 billion Annually is no where to be found today because they don't know what next. So, like Motorola, I want to Ask you what next about th

Caption: From left to right, Executive Director, J.P Morgan, Mr Nick Long, Acting Director General, Securities and Exchange Commission, Ms. Mary Uduk, Chief Executive, Stanbic IBTC, Akeem Oyewale and Acting Executive Commissioner, Operations at the commission, Isyaku Tilde during a meeting between SEC and JP Morgan in Abuja at the weekend. Executive Director of international capital market giants- JP Morgan, Nick Long, at the weekend expressed satisfaction with the performance of Nigeria’s capital market so far. Speaking when representatives of the company and Stanbic IBTC visited the Securities & Exchange Commission in Abuja, Nick Long, Representative of JP Morgan said, is one reason Nigeria remains attractive to international investors. Receiving the visitors at her office, acting Director General of SEC, Ms. Mary Uduk, assured foreign investors of the safety of their investments in the Nigerian capital Market. All necessary controls, she assured, are in place to ensur

You often hear more of Stock Trading and Technical Analysis than HOLDS or Long-term Investment. Basically capital markets are meant for long-term financing of projects by corporate organizations, Governments and Structured Associations/Organizations. It thrives on profit-sharing by way of dividend payouts and interest yields in the case of Bonds and Preference Shares. However, in the process, like every economic activity you have the 'hawks'. The impatient ones who looks for the greener pastures and flee to safety with their profits at the turn of events. Ironically it's these same people that makes the markets very interesting. They bring liquidity to bear on the market and makes the investment business very interesting. However, the real returns still lies in Long-term Investment that involves less efforts and gives peace of mind. However, you need to be properly guided to make the right selections. Successful long-term trading — investing with the intention of ho

Knowledge is power. Information is liberating. Education is the premise of progress, in every society, in every family... Kofi Annan Knowledge and action is really what differentiate you from other people. Just as food is good, energise, grow and keep the body healthy so also is knowledge for your mind. Furthermore, knowledge is what keeps our mind in good shape, it helps remove prejudice, bias and lower risk when taking decision inclusive of investment decisions which is why they always say that it is what we don't know that affects us. Similarly in stock, it is knowledge that helps you understand the current trends, models and systems that will help you get the best ROI and reduce the risk. Because things are changing fast and it is only through knowledge that you can change adapt fast. If you look indepth, some of the knowledge about the market that was valid years ago are no longer valid today which is why I get took my time to package my INVEST SUMMIT into DVD so t