INEC rejects H/Court’s ruling on Bakassi polls
The Independent National Electoral Commission, INEC, has rejected a Federal High Court’s judgment which nullified the House of Assembly election in Bakassi Local Government Area of Cross River State and the order for a fresh election within 30 days.
Lagarde hits triple C in reenergized agenda for IMF
Christine Lagarde, taking over as new Managing Director of the IMF, outlined a five-point agenda for re-energizing the Fund to ensure the 187-member country institution remained pivotal to the global economy.
ASL declares 15 kobo dividend
According to its audited financial statements for the year ended December 31, 2010, presented to the NSE, its profit- after-tax grew by 32.87 per cent to N240.7 million from N181.155 million recorded in its 2009 financial year.
Challenges of insurance brokerage in Nigeria (2)
Struggle to form a parallel regulatory body It is no longer news that insurance brokers are making moves to have ‘chartered’ institute in their name.
Experts fault CBN’s new directive on ATMs
Two financial experts have faulted the reversal of CBN policy on operation of ATMs outside banks’ premises. The CBN last year directed banks to stop operating ATMs outside their premises.
IMF will focus resources capital power, brain, on what is useful for members
Good morning Madame Lagarde. From what you’ve seen in this very short period of time you had to get acquainted with IMF, what worries you the most?
Textile workers commend Oshiomhole on minimum wage
NATIONAL Union of Textile, Garment and Tailoring Workers of Nigeria, NUTGTWN, has commended the decision by Governor Adams Oshiomhole of Edo State to pay the N18,000 minimum wage as contained in the National Minimum Wage Act 2010.
N2.5bn suit:You lack power to try us, Transcorp tells court
Transnational Corporation of Nigeria Plc, Transcorp, has queried the power of the Federal High Court to entertain a N2.5 billion suit brought against it by a former Managing Director of the company, Mr. Tom Iseghohi, challenging the termination of his appointment.
Mollenbach joins Honeywell flour’s Board
IMMEDIATE past Managing Director, Fan Milk (Nigeria) Plc, Mr. Jens Erik Mollenbach has joined the Board of Honeywell Flour Mills Plc.
GTAssur communicates products through TVC unveiling
In an effort to teach the Nigerian populace on the relevance of insurance, specifically life Insurance, Guarantee Trust Assurance Plc has taken up the call to strengthen insurance culture by deploying Television Commercial (TVC )
PDP, Braimoh sue ACN over Edo North senatorial ticket
The Peoples Democratic Party, PDP, and its candidate in the April 9 senatorial election in Edo North, Senator Yisa Braimoh, has sued Action Congress of Nigeria, ACN, and winner of the poll, Senator Domingo Obende, before a Federal High Court in Abuja, alleging certificate forgery.
