Uduaghan urged to wade into Agip, host community face-off
NATIONAL Coordinator of the Association of Family of Oil and Gas Producing Communities, ASFOGAPCOM, Mr Peace Ohrerhe, has urged the Delta State Governor, Dr. Emmanuel Uduaghan, to wade into the dispute between Nigerian Agip Oil Company, NAOC and host communities of Okpai Gas Plant in Ndokwa East Local Government Area of the state.
Bank of America in $8.5bn mortgage settlement
Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed.
Airtel unfolds “MAMO”
In an effort to reward its subscribers, Airtel Nigeria has launched a new product called “My Airtel My Offer” (MAMO).
The service which is designed to deliver flexible offers to every subscriber is applicable to both old and new customers, promises to be exciting and special when they dial a unique code which enables customers learn about Airtel’s various new schemes and offers without receiving any call or SMS on their mobile phones.
Revised policy more workable – MFB operators
Operators in the microfinance sector have hailed the Central Bank of Nigeria (CBN) for reviewing the operational policy framework of microfinance banks (MFBs), saying the revised policy is more workable and would boost their operations.
FG’s group life on extension three months after expitration
Three months after the expiration of the 2010/2011 insurance year for Federal Government workers’ Group Life Insurance, the office of the Head of Service is yet to renew the policy for 2011/2012.
Insurance sector grows GPI by 18%
Insurance operators under the auspices of the Nigeria Insurers Association (NIA) recorded N200 billion as Gross Premium Income (GPI) for the 2010 financial year. This is against N178 billion recorded in the 2009 financial year, which represent an increase of 18 per cent.
