Royal Exchange Plch has paid out another whopping sum of N335 million as claims settlement to Shongai Packaging Limited, an Otta based manufacturing company.

In its bids to carve a niche market for itself, NICON Insurance plc has commenced re_branding exercise. Giving reasons why the company embarked on this exercise, it said was to further create innovative ideas that would keep up trend of the moment as well as strengthened its market shares

National Insurance Commission (NAICOM) has been urged to eradicate fake insurance companies and make premium affordable to attract public patronage.

HONG KONG: The Federal Government is to partner with investors that will indicate interest in developing Eco-tourism in Nigeria as well as 5-Star hotel in the Federal Capital Territory to encourage tourists among other investments in seven unit Parks across the country.

THE Consumer Protection Council, CPC is set for ‘war’ with the Nigerian Civil Aviation Authority (NCAA) over what it described as ill_treatment of passengers by air line operators in the country following incessant cancellation and delay of flight schedules without explanations.

AS Nigerians baskin the euphoria of the 50th Independence anniversary celebration, Omatek Ventures Plc has announced the deployment of 24-hour alternative solar-powered hybrid solution combined with LED bulbs in 22 schools in Ekiti State.

First City Monu ment Bank Plc in collaboration with the United Nations Children Education Fund (UNICEF), boosts Corporate Social Responsibility (CSR), as it drives creativity in children . Mr. Kenny Aliyu, Group Corporate Affairs Manager, FCMB, at the reward ceremony of the painting competition tagged;

Broadcast and production companies in Nigeria will soon match their counterparts in the advanced countries as WTS Nigeria Limited has made clear its readiness to assist the local players in the deployment of latest technology that will bring them to the same level as the best in the world.

Afromedia Plc, a quoted Out-Of-Home, OOH, company on the floors of the Nigerian Stock Exchange, NSE, celebrates 50 years, as it rewards long service. Speaking, Akin Ire Olopade, Group Managing Director of Afromedia said the company is committed to improving the quality of life of the people.

Despite the challengin business environment’ AIICO Insurance Plc has continued to maintain consistent profitability and sustainable growth in 2009.

After the “costliest” half year since it began interim reporting, Lloyd’s has reported that its profit before tax has more than halved to £628m (June 2009 £1.32bn) while the combined ratio has risen to 98.7% (June 2009 (91.6%).

The Managing Director of Sovereign Trust Insurance Plc, Mr. Wale Onaolapo was recently honoured in Lagos by the Institute of Entrepreneurs, Nigeria.

BGLAsset Management Limited has formally launched its two open ended mutual funds worth N2.5 billion.
The two mutual funds namely : Sapphire Fund of 2,000,000,000 units at N1.00 per unit, and Nubian Fund 500,000,000 units at N1.00 per unit , positioned to invest primarily in the equities market.

Trading on the Nigerian Stock Exchange (NSE) resumed Monday on a bullish note as the value of listed equities’ appreciated by N21.26 billion.