Insurers, reinsurers write off N1.1trn bad debts in three years
The nation’s insurance industry wrote off a whopping N 1.1 trillion in the last three years as provision for bad debts. A breakdown of the N1.1trillion revealed that the 51 insurance and reinsurance companies certified by the National Insurance Commission (NAICOM) wrote of N465 billion in 2007, N356 billion in 2008 and N282 billion by September 2009 amounting to N1.103trillion
Sales & Marketing professionals: BQ to rescue companies
For those organisations seeking to get the best of hands in the Sales and Marketing profession field, can now rely on Best
Qualified (BQ) to get the needed hand (s).
GTBank introduces helpline for GTconnect centre
In a renewed effort to continually reposition its services for enhanced and efficient customer service delivery, Guaranty Trust Bank has introduced a 24hours toll-free line for its GTConnect Contact Centre.
The bank also said it is reinforcing its Card services unit to offer 24 hours service support to customers.
SKG Pharma unveils Lumal as a weapon against malaria
If the unveiling and the efficacy of brand Lumal, from the production line of SKG- Pharma is anything to go by, then, the brand will become the toast of malaria patients.
NIACA, ANCO calls for establishment of independent regulatory body
Nigerian International Air Courier Association (NIACA) and Association of Nigeria Courier Operators (ANCO) have called for the speedy passage of the Act establishing the Nigeria Postal Commission (NPC) as it seeks to regulate tariff rate in the industry.
Fuel subsidy and a fool and his money
“Fuel Subsidy: F.G. Admits N872bn deductions from States and LG Accountsâ€. The preceding is the title of a story on pg 2 of the 22nd of February 2010 edition of the Punch Newspaper.
