Shareholders have explained their persistent opposition to the establishment of Unclaimed Dividend Trust Fund (UDTF), proposed to address the growing rate of unclaimed dividend presently estimated to be N17.9 billion.

It would be mischief on the part of this column if we subscribed to the bandwagon of those elitist Nigerians whose stock in trade is the creation of false hope of a better year ahead at the end of every dismal year in the past two decades or so

The bid to boost the mortgage market in Nigeria and facilitate better service delivery has prompted operators of the Primary Mortgage Institutions (PMIs) in the country to initiate moves for the standardisation of existing documents for mortgages.

Developers under the aegis of Association of Real Estate Developers of Lagos State (AREDOLS), have faulted some aspects of the proposed Lagos State Physical Planning and Urban Development Law.

The Financial Services Authority (FSA) has fined a County Down mortgage broker for failures which led to fraudulent mortgage applications being submitted to lenders.

The National Insurance Commission (NAICOM) has released policy guidelines for the insurance industry in 2010.
The commission in a release to Vanguard said the 2010 Insurance policy and operational guidelines shall form part of the regulatory and supervisory tools for the year in accordance with the provisions of section 49 (1) of Insurance Act of 1997.

National Insurance Commission (NAICOM) and the Nigeria Insurance Association (NIA) are banking on the new code of ethics for insurance companies and the proposed market agreement between insurance firms to curb industry abuse and sharp practices among insurers. Last week NAICOM released a new code of ethics which became effective January 1st 2010 to guide insurance operators.

Registrar/Chief Executive, Chartered Institute of Bankers of Nigeria (CIBN), Dr. Uju Ogubunka says it is possible for bank customers to safeguard their money in a bank against distress and he explains how this can be achieved.

By BABAJIDE kOMOLAFE AND MICHEAL EBOH Equities Market indices to continue upward trend Experts in the Nigerian capital market said that  the upward trend experienced by   capital market indices last week is likely  to continue this week. According to stockbrokers, who spoke at different fora, the upward movement in prices of listed equities will continue […]

Zain, mobile telecommunications provider in the Middle East and Africa, has announced the expansion of ‘Zap’, its mobile service to some other African nations of Niger , Sierra Leone and Malawi .

SMC Swiss University, one of the world’s online university has expanded its CSR campaign to Africa . The online university through its African students made some significant donations to touch the lives of the local communities and improve the quality of life at the grassroots.

Business and govern-ment leaders will today gather in Lagos to discuss Nigeria’s economic and business prospects at the 2010 CEO Agenda Nigeria forum.

Zain, mobile telecommunications provider in the Middle East and Africa, has announced the expansion of ‘Zap’, its mobile service to some other African nations of Niger , Sierra Leone and Malawi .

As preparation continues for the 2010 edition of the African Movie Academy Awards (AMAA) the organisers have said the December 31st, 2009 closing date for submission of entries will not be extended.

With 205 lapses from 206 to go, Coca-Cola’s team of three young “happiness ambassadors” kicked off their year-long global adventure referred to as Expedition 206 by ringing in the New Year with thousands of partygoers in Madrid, Spain.