100,000 benefit from NDE scheme in Edo
EDO State chapter of National Directorate of Employment (NDE) in Benin disclosed that over 100,000 persons have benefitted from its programmes in the state.
Security operatives quiz Ibru, Nwosu, Ebong , others
The Economic and Financial Crimes Commission ( EFCC) has said today that it has arrested three of the five former MD/ CEOs of banks sacked last week by the Central Bank of Nigeria, CBN .
NSE indicts banks over failure to lend to real sector
The Nigerian Stock Exchange (NSE) has blamed the troubled banks for their woes, especially for their failure to lend to the real sector that is supposed to act as catalyst to the development and growth of the country.
World Bank, Kogi set aside N850m for community projects
The World Bank in collaboration with he Kogi government is to spend N850 million on the execution of some community projects in different parts of the state. Mr James Odeba, General Manager, Kogi State Community and Social Development Agency (KGCSDA) disclosed this on Sunday in Lokoja.
Ghanaian VP warns insurers against over depenence on third party
Ghanaian Vice President John Dramani Mahama has admonished insurance companies operating in that country against over dependence on third party insurance business
Stanbic IBTC plans to consolidate pension market leadership
Stanbic IBTC Pension Managers has unfolded plans to expand its operations in the country.Speaking on the mission of the company at a press briefing in Lagos recently, Mr. Chris Newton, CEO of Stanbic IBTC Bank se said that Stanbic IBTC Pension has mapped out plans to make retirees enjoy their retirements.
ILAN to lobby legislators for charter status
The Institute of Loss Adjusters of Nigeria (ILAN) plans to continue lobbying the legislators at the National assembly with a view to ensure that the law making body in the country grants it a charter status as soon as possible just as the institute is craving for an upward review of its members fees.
Financial market witnesses confidence crisis — Otubu
The global financial crisis and the recent hammer of the Central Bank of Nigeria on five banks including the on-going investigations of the other banks by the apex body may likely erupt crisis of confidence in the financial service sector.
NURTW appoints Healthcare PHB for RAHIS
The National Union of Road Transport Workers (NURTW) has appointed Healthcare PHB Limited as the Health Management Organization (HMO) for its Road Accident Health Insurance Scheme (RAHIS).
CIIN still hunts for 5,000 graduates
As the Chartered Insurance Institute of Nigeria (CIIN) marches into the 51st year of its corporate existence, the institute is repositioning for the greater challenges ahead. Speaking to a Vanguard correspondent, Mr. Adegboyega Adepegba, Director General of the body said that it is a great challenge to consolidate on and sustain the gains and milestone of the last 50 years of the CIIN.
Poor asset quality: Operator supports risk management criteria
The Managing Director of Meridian Microfinance Bank, Lagos, Mr. Innocent Ezema, is advocating the use of risk management elements by operators in the microfinance sector.
