CONTINENTAL Reinsurance Plc (CRe) in a bid to motivate and encourage its employees, has elevated three staff to Assistant Managers and three others to senior Executives.

SA Insurance has devised its scratch card means to sell more of its products and this time around the company has packaged six of its products in scratch card which will be out soon.

Consolidated Hallmark Insurance has sealed its collaboration with three banks to avail its teeming clients and prospective customers’ easy access to its array of products.

In its determination to make the best use of the global financial crisis, Goldlink Insurance Plc is working in partnership with Schengen countries on Travel and Tours Insurance, a new product which the company launch alongside three other products.

The National Insurance Commission (NAICOM) has said that the Employee Compensation Bill is not necessary as the commission alleged that the provisions in the bill are not in the interest of the general public.

Ghanaian insurers are set to review moto insurance policy in that country. The Ghana Insurers Association (GIA) last weekend, said benefits payable under the various sections of the motor policy had to be reviewed upwards to provide realistic protection to policy holders and the public in line with current trends.

The Federal Government has indicted regulatory authorities in the financial sector for non-compliance with strict corporate governance principles.

Benue Cement Company (BCC), a member of the Dangote Group, has spent over N400 million providing basic amenities and paying compensation to host communities in the last three years. Specifically, projects executed in the host communities range from provision of electricity to scholarship scheme.

Standard Bank Group has appointed Olu Ajayi as Head of its newly formed Trade Finance unit.
Trade Finance is a new business unit formed as part of Standard Bank’s effort to enhance its trade product offering to its clients, and is in line with the bank’s strategy to develop the trade finance franchise across Africa .

Unity Bank Plc has announced a loss after tax of N16.1 billion in its audited result for the 2010 financial year. First City Monument Bank Plc (FCMB), on the other hand, recorded a significant decline in its top and bottom lines, as its profit after tax dropped by 86 per cent to N564.34 million.

Artisans, under the auspices of Nigerian Automobiles Technicians Association (NATA) have called on the Federal Government of Nigeria to review the Pension Act so as to embrace workers in the informal sector of the economy.

The Shell Petroleum Development Company (SPDC) will in June begin to supply gas to the Nigeria Liquefied Natural Gas (NLNG) complex, Bonny, Rivers, from its new gas gathering facility in Bayelsa, an official said.

The National Human Rights Commission, NHRC, today, expressed displeasure over the conduct of an Abuja Chief Magistrate, Mrs. Zainab Bashir, who on Monday, ordered her police orderly to handcuff a reporter with the Guardian Newspaper, Mr Lemmy Ughegbe.

IRKED by alleged existing political imbalances in Uvwie/Okpe/Sapele Federal constituency, a presure group, Uvwie Women in Politics, has said it was the turn of Uvwie to produce the member who will represent the area in the Federal House of Representatives in 2011.

The South South Northern Alliance (SSNA) has commended Elder Godsday Orubebe for the skill acquisition centres he established in Delta State and the land reclamation/shoreline protection projects in Rivers and others he had embarked upon to transform the Niger Delta.