Imo budgets N120.1bn  for 2010

Imo budgets N120.1bn for 2010

By  Chidi Nkwopara OWERRI—Imo State Government has proposed a total budget of N120,110,943,148, made up of a recurrent revenue of N65,796,044,206 and recurrent expenditure of N48,052,966,467 for the 2010 financial year.
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Doubts over NOC elections

Doubts over NOC elections

There are doubts overthe 2009 Nigeria Olympic Committee elections scheduled for today in Dutse, Jigawa State.

Labour tasks insurers over  offshore insurance

Labour tasks insurers over offshore insurance

The session condemns the hostile and belligerent attitudes of some companies management to Union and workers’ rights and, flagrant violation of extant labour law and industry-wide Collective Agreement.

Ensuring survival of Insurance with ICT: Stakeholders verdict

Ensuring survival of Insurance with ICT: Stakeholders verdict

NO matter how insurance is viewed, nobody can take away the important role it plays in economic stability of any nation. And that is why the sector would lead and not play catch-up in any development that can upscale its activities.

Insurance penetration worsens, experts say

Insurance penetration worsens, experts say

Rather than appreciating, experts have said Nigeria’s insurance penetration is worsening each year. They predicate their position on the increasing number of individuals that are not insured.

A.M. Best comments on NAIC rating model changes for RMBS

A.M. Best comments on NAIC rating model changes for RMBS

On November 6, 2009, the National Association of Insurance Commissioners (NAIC) announced that members had approved a proposal to develop a new model for determining regulatory capital treatment for approximately 18,000 residential mortgage backed securities (RMBS).

Nokia splashes Christmas gifts on customers

Nokia splashes Christmas gifts on customers

The prizes won at the promo aimed at putting smiles on the faces of the Nokia customers include: seven gas cookers; 22 generators, two refrigerators, three DSTv and HiTv decoders with one year subscription, seven N20,000 vouchers, 11 Nokia 6383, four Nokia N86 and two 42 inch LCD television among others.

Andy Uba decamps to LP, gets   party’s guber ticket

Andy Uba decamps to LP, gets party’s guber ticket

By Enyim Enyim ONITSHA—There was jubiliation at  Anambra State House of Assembly yesterday when the law makers were formerly informed that their political god- father, Dr Andy Uba, who lost his bid to be sworn-in as Governor in waiting, had finally pitched his tent with the Labour Party (LP) as its governorship candidate for the […]