Royal Exchange Plc group announced a gross premium income of N3.3 billion in 2008 financial year.
The N3.3billion posted as at December 2008 was a significant increase from N2.7 billion the company generated in 2007. Expenses for the period leaped to N1.492 billion from N740.65 million the previous year, as a result of N1.16 billion management expenses which shareholders condemned in totality.

By Tony Edike ENUGU—THE embattled leader of the Uzo-Uwani Local Government Legislative Council in Enugu state, Mr. Leonard Maji, yesterday, described his removal as illegal, adding that the fifteen councilors, who purportedly signed his impeachment motion did so outside the legislative chamber. Maji, was reportedly removed from office as leader of the Legislative Council last […]

By Chidi Nkwopara OWERRI—The Senator representing Owerri zone in the National Assembly, Senator Chris Anyanwu, has expressed worry that business concerns in her constituency were folding up, following what she termed “dismal public power supply by Power Holding Company of Nigeria (PHCN)”. Senator Anyanwu made the observation when she paid an unscheduled inspection tour of […]

ENUGU—CHAIRMAN of the Main One Cable Company Limited, Chief Fola Adeola, has called for the radical overhauling of the nation’s educational sector, saying there is need to redesign the educational system at tertiary level in order to propel individual and society discipline as well as ensure sustainable growth and economic development. Chief Adeola, who delivered  […]

By Emeka Mamah KADUNA — Former Governor of Kaduna State and Chairman of the Senate Committee on Finance, Senator Ahmed Mohammed Makarfi, has expressed his support for the passage of the Freedom of Information (FoI) Bill if Nigerian journalists would be more responsible in their duties. Makarfi said that the FoI Bill is a good […]

By Dennis Agbo ABAKALIKI—TRUE to their threat, workers of the  Ebonyi state University Teaching Hospital (EBSUTH), yesterday, embarked on another indefinite strike after  the state government together with the hospital management board, failed to meet the demands of the tertiary hospital worker, who only three months ago suspended a-three month strike that crippled the institution.

By Chinyere Amalu ABUJA — The Federal Government yesterday declared that N6.5 billion would be spent as the monthly allowance to the ex-militants in the Niger Delta region who have accepted the amnesty annually. Minister of Foreign Affairs, Chief Ojo Maduekwe, who stated this at a breakfast meeting with members of Diplomatic Corps, in Abuja […]

Abuja—Twenty-three Peoples Democratic Party (PDP) gubernatorial aspirants, yesterday expressed dismay over the selection of Prof. Chukwuma Soludo as the governorship candidate of the party in Anambra. The National Working Committee (NWC) of the party had picked Soludo on Friday night in Abuja with Chief Emmanuel Anosike as the running mate for the February  6, 2010 […]

By  Emmanuel Aziken Abuja—Chairman of the Independent National Electoral Commission (INEC), Prof. Maurice Iwu is bent on ensuring that the forthcoming Anambra state gubernatorial election is used to measure his character as an upright electoral umpire. Receiving the Anambra state Action Congress (AC) gubernatorial candidate, Dr. Chris Ngige at the INEC headquarters, Iwu vowed to […]

By Chris Ochayi ABUJA —  Just as the academic activities were expected to resume in the nation’s universities, Executive Secretary, Education Trust Fund (ETF), Professor Mahmood Yakubu yesterday asked institutions yet to access the over N23.6 billion intervention fund to do so within the next two months. Prof. Yakubu who stated this at the ongoing […]

By Taye Obateru Jos — Normal academic activities did not return to the University of Jos, yesterday, despite the suspension of strike by the Academic Staff Union of Universities (ASUU) as most students, still uncertain of the situation, were yet to return to school. Although many of the lecturers were seen at the various campuses […]

The media in the country and all Nigerians have been assured that the Freedom of Information Bill brought before the National Assembly for consideration has not been swept under the carpet as widely speculated but soon would be passed into law in no distant time.

The Institute of Chartered Economists of Nigeria has criticized the handover of General Aviation Terminal of the Murtala Muhammed Airport, Lagos, by the Federal Government to Bi-Courtney Aviation Services Limited.

A member of the House of Representatives, Mr. Ifaluyi Isibor, has said members of the House would resist any attempt to deliberate on what he described as the edited copy of the Justice Mohammed Uwais Electoral Reform Committee’s report as submitted by the presidency.

By Taye Obateru & Adedoyin Ojosipe Jos — two groups of teachers and parents, yesterday, clashed over how to end the almost five-month old strike by teachers in the state. A group which described itself as Concerned Teachers and Parents in Plateau State was addressing a press conference at El-Kassim Hotel Jos, appealing to teachers […]