From the monthly archives: July 2009

Labour seeks prosecution of those behind failed banks

On July 28, 2009 · In Business

TRADE Union Congress of Nigeria(TUC)has called on the Economic and Financial Crimes Commission (EFCC), to immediately arrest and commence prosecution of all those said to have contributed to the collapse of some banks in the country in which about N 188 Billion of depositors funds are trapped.

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Amori, Delta South leaders demand Lukman’s removal

On July 28, 2009 · In News

He said any attempt to reverse the upgrade of the PTI, Effurun as approved by former President Olusegun Obasanjo would be resisted at all cost and commended the South-South governors for their quick reaction and intervention on the matter.

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‘FG ultimatum on Lagos CDAs undemocratic’

On July 28, 2009 · In News

“It is most unfortunate that at this time when our economy is facing serious challenge and the electorates looking up to Mr. President to provide the desired leadership that would steer the country to economic prosperity, the nation is being dragged back to an issue that had been settled by the apex court,” he lamented.

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Amnesty package on course — FG

On July 28, 2009 · In News

Government promised to release Henry Okah, Government has done so and Government is putting structures in place for their security and that’s why we didn’t start off with collecting the arms. We wanted to make sure that we put structure in place for their security.

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WAICA Pool exits from Nigeria Re

On July 28, 2009 · In News

A reinsurance pool domiciled in Nigeria Reinsurance Corporation for insurers in the West African sub-region has begun to wind down the operations of the pool preparatory to final exit this year. In its place, a WAICA Re is in works for takeoff next year.

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Life insurers dialogue on global economy

On July 28, 2009 · In Business

By Ifeanyi Ugwuadu
Nigeria’s life insurance companies will this week begin discussion on the challenges and opportunities which the global financial meltdown presents to the market and ways to chart a new course for both policyholders and underwriters.

Holding under the aegis of the Life Offices Committee (LOC), the technical arm of the Nigerian [...]

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Edo ex-CMD kidnapped despite Operation Thunderstorm

On July 28, 2009 · In News

Vanguard learnt that Akhabue, who was abducted in the early hours of yesterday while driving to his private hospital at Ikpoba Hill, Benin City, was taken to an unknown destination.

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Oasis targets top three position

On July 28, 2009 · In Business

Undeterred by its task to be among the top playyrs in the insurance market, the Managing Director of Oasis Insurance Plc, Babatunde Oshadiya said the company would not only play top but be among the major top three players in the market.

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Ibru identifies real sector as a viable investment option

On July 28, 2009 · In Business

Group Managing Director/CEO of Oceanic Bank International Plc, Dr. Cecilia Ibru, has identified the domestic real estate sector as a thriving industry that affords sus-tained long-term return for investors even in this era of the global economic meltdown

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Dangote may emerge NSE president

On July 28, 2009 · In Business

Indications emerged Monday, that Alhaji Aliko Dangote may become the next President of the Nigerian Stock Exchange (NSE), come August 6, 2009, when the Exchange holds its next Annual General Meeting (AGM).

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My best friend’s hubby by fancies

On July 28, 2009 · In Columns

I’ve fancied my best friend’s hubby for a long time and some times have erotic dreams with him doing all sorts of things to me. We’re all neighbours and are always popping in to see each other, My husband and my friend work with the same bank, though in different departments.

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NBC targets improved bottom lines, launches sales academy

On July 28, 2009 · In Business

As parts of plans aimed at improving its bottom lines in the years ahead, Nigerian Bottling Company Plc has put in place a strategy to boost its turnover, with the launch of a sales academy.

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Standard Chartered wins ‘best corporate citizenship’ award

On July 28, 2009 · In Business

Standard Chartered Bank has won the African Business Award for Best Corporate Citizenship and Social Responsibility- organised by African Business magazine and the Commonwealth Business Council (CBC).

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West African insurers should collaborate for regional projects — Coker

On July 28, 2009 · In Business

Williams Coker is the Secretary-General and CEO of sub-regional insurers organisation, West African Insurance Companies Association (WAICA). He is a student of West African Insurance Institute in The Gambia and also a citizen of the country. He was in Nigeria where he held high level talks with officials of ECOWAS on the future of WAICA. An apostle of regional integration, Coker spoke exclusively to Vanguard weekend on his current brief for the transformation of the body to a commercially viable organisation.

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