The President/ Chief Executive Officer of Anable Mobile , the latest entrant into the Nigerian telecommunication market, Nicholas Okoye has said that the company was committed to bridging the gap in the mobile device manufacturing space in Africa by delivering unique products that are higher in quality with the best products in the world.

THE National Executive Council (NEC) of the Nigeria Union of Journalists (NUJ) has called on President Umaru Yar’Adua to immediately declare a state-of-emergency on Nigerian roads following the wanton loss of lives as a result of poor condition roads in the country.

Occasioned by loss es on the share prices of blue chip companies, the value of listed equities on the Nigerian Stock Exchange (NSE) dipped, Monday, by 47.99 billion.

Ahead of its 2009 Annual General Meeting (AGM), operators and other stakeholders have commended the Oceanic International Bank Plc for writing off bad loans as directed by the Central Bank of Nigeria (CBN).

Mr. Oba Otudeko, Chairman of the Honeywell Group Nigeria and the immediate past president of the Nigerian Stock Exchange (NSE), has said that he was committed to the growth of the capital market throughout his tenure as president while also thanking the capital market community for the opportunity to serve in such capacity.

Diamond Bank is set to introduce Savings Xtra Credit Card, the first credit card linked to a savings account even as it announced N400m prize money for the second season of the Savings Xtra promotion.

Moorgate Micro-   finance Bank, in line with microfinance bank objective of alleviating poverty by providing loans to small and medium scale enterprises, has financed the purchase of N4m worth of diagnostic tools and injector machines for the National Automotive Technicians Association (NATA), which comprise mechanics, panel beaters, re-wirers and other artisans involved in auto repairs […]

In spite of the scourging heat of the global financial meltdown, Prestige Assurance Plc recorded 33.47 percent rise in its net premium income for the financial year ended December 2008.

As part of its strategies to effectively work with the Federal Government to entrench the local content policy in the Oil & Gas sector, Standard Insurance Consultants is partnering with Willis Group, a global player in insurance business.

American International Group Inc. reported its first quarterly profit since 2007 on Friday, as the government-controlled insurer saw the value of some of its soured assets recover.

CRUSADER General Insurance Limited paid claims totalling N196, 183,305 between January and June 2009, the company’s Managing Director, Mr. Nimbe Oviosu has said.

In view of the diversification strategies put in place by individual company in order to boost their income, Sovereign Trust Insurance Plc (STI) investment and other income recorded an increase of 68 percent in the financial year ended December 2008.

The on-going mass awareness campaign in the Nigerian insurance industry has received yet another boost with the recent enlistment of Intercontinental Wapic Insurance and Crystal Life Insurance.

In spite of the scourging heat of the global financial meltdown, Prestige Assurance Plc recorded 33.47 percent rise in its net premium income for the financial year ended December 2008.

*FG to apply ‘no work no pay’ rule By Funmi Kimolafe Abuja – The renewed negotiation of the Federal Government and Academic Staff Union of Universities (ASUU) broke down yesterday. Consequently, government has decided to apply the “No work, no pay” for the striking lecturers if they fail to suspend the strike and create a […]