Yar’Adua: Stick to Constitution, AC tells EXCOF
The Action Congress, AC, has said the decision on whether or not the Executive Council of the Federation, EXCOF, should invoke Section 144 to resolve the saga over President Umaru Yar’Adua’s lingering illness should be guided by the Constitution, not emotions.
Conoil promises improved profitability for 2009 financial year
As petroleum products marketing companies battle the tough challenges in the downstream oil sector, there are strong indications that Conoil Plc is set to excite its shareholders with its 2009 financials.
Equities’ value on NSE appreciates by N70bn
The upward trend in the Nigerian capital market continued last week, as investors recorded N69.8 billion improvement on their investments on the Nigerian Stock Exchange (NSE).
Skye Bank opens subsidiary in Guinea
Skye Bank Plc has further expanded its operations across the continent of Africa, as it announced the opening of a branch in Republic of Guinea.
MFB operators set agenda for NAMB leadership
Barely two weeks after the general elections of the harmonized National Association for Microfinance Banks (NAMB), operators of microfinance banks have set agenda for the national executive. On 12th November, 2009 the two erstwhile associations in the microfinance banks (MFB) sector harmonized to form the National Association of Microfinance Banks, which was witnessed by officials of the Central Bank of Nigeria, CBN.
No problem with NAICOM promoting insurance agents, Soyewo
Prince Feyisayo Soyemo, Chairman of Prestige Insurance Brokers in this interview with Patience Saghana did not hesitate to state the obvious about the bickering among insurance brokers over federal government accounts. He says the sector need not cry foul on local content percentage when the industry has not exhausted even the 40 per cent or made attempt to come close to it. Soyewo notes that with time NNPC will realise the significant role of insurance brokers and reconsider local brokers in its insurances. Excerpts:
