Shareholders of quoted insurance companies in the country are panting for a plow back of unclaimed dividends as they drum for investment relation officers in those companies to keep watch on investment of unclaimed dividends
The problem of unclaimed dividends in the nation’s capital market has not only persisted but has also generated passionate controversies that drew the concerns of all stakeholders including regulators.

The 2010 national budget was set out to stimulate the economy which warranted devoting more than 40 percent of the budget to capital expenditure as against 27.76 percent that was allocated to capital spending in the 2009 budget.

Portland Paints Plc has announced a dividend of N0.12 per share for its shareholders, in its 2009 financial statement.
According to its year end, December 31, 2009 result, presented to the Nigerian Stock Exchange (NSE), Monday, the company recorded a 15.59 per cent growth in its turnover to N2.269 billion from N1.963 billion recorded in 2008, its profit before tax and extraordinary items stood at N205.99 million, rising by 9.71 per cent from N187.76 million recorded in 2008, while it posted a profit after tax of N183.1 million, dropping by 2.48 per cent from N187.76 million in 2008.

This country needs to start afresh with defined goals on how to succeed; that cannot be achieved by spending N10 billion out of public fund

Economic experts and other professionals have called for the introduction of a code of corporate governance and ethics for public officers and government-owned companies to check the excessive and reckless spendings, a factor which has brought about an unnecessary increase in the cost of governance.

As parts of plans to take advantage of the potentials inherent in the Nigerian market and expansion of its investment activities across key markets in the globe, Pabod Breweries Limited (PBL), a subsidiary of SAB Miller, has commenced the production of Castle Milk Stout (CMS) in Nigeria.

The was uneasy calm today, in Yenagoa the Bayelsa State capital when news of a fatal road accident on the Ahaoda-Okogbe stretch of the East-West road axis in Rivers State filtered into town.

Paraguay, Tuesday qualified for their first-ever World Cup quarter final when they defeated Japan via penalty shoot out in a Round of 16 match at Loftus Versfeld Stadium, Tshwane/Pretoria .

Men of the State Security Services, SSS, yesterday paraded one Prince Joseph Etella Harry alias Godfather Generale for false identity and extortion of money from government officials under the guise of registering ex-militants.

IT is almost stale news that the Federal Government has budgeted a whopping N10 billion for the celebration of Nigeria’s 50th independence anniversary come October 1, 2010. Some Nigerians feel there is every reason and need for us to throw a lavish party to mark this event. They argue that “it is a big achievement for Nigeria to clock 50 years as a politically independent nation”.

The Advisory Committee on Niger Delta Development Commission, NDDC, has met with the view of arriving at modalities to tackle the problems of the Niger Delta region as directed by the Presidency.

Fresh and returning students of the University of Education, Ikere-Ekiti, Ekiti State, have been directed to resume immediately.

MEMBERS in the two major divides in the House of Representatives, comprising those in support of Speaker Dimeji Bankole and the Dino Melaye-led Progressives Forum, recently involved in a fracas on the floor of the House were, weekend, scouting for a possible replacement for Bankole in case the Speaker was “inevitably” removed over allegations of corruption.

A Delta Peoples Democratic Party, PDP, chieftain, Mr. Matthew Opuoru, has declared that he has the magic wand to create 10,000 jobs to tackle the twin problems of poverty and unemployment in the country.

STANDARD and Poor, an international rating agency, yesterday, described Nigerian banks as extremely risky despite the Central Bank of Nigeria, CBN, intervention in the sector last year.