The Securities and Exchange Commission (SEC) has called on the Federal Government to include stock market listing as one of the conditions for companies seeking to secure government contracts to qualify for such contracts. This will force companies that wish to enjoy such contract to seek listing in the stock market, Mounir Gwarzo, Director General, SEC, said in a forum with journalists in Lagos.

Diamond Bank Plc through its DiamondXtra season 8 has added fifteen Nigerians to the list of millionaires in the country. The millionaires emerged through a live draw in Lagos, which was witnessed by industry stakeholders, customers, potential customers, shareholders, journalists, the general public and the management of the Bank.

Vono Products Plc, a company quoted on the Nigerian Stock Exchange, NSE has lamented the negative impacts of fake products on the company’s business and appealed to the Federal Government to intensify efforts in combating influx of these products into Nigeria. The Managing Director, Mr Tunji Anjorin, while addressing the company’s trade partners at a Press Conference during the unveiling of the company’s new hospital furniture in Lagos explained that influx of fake products, low government patronage and high exchange rate of the Naira to other convertible currencies have moderated capacity utilization in the real sector.

Worried by alleged double standard being played by Shell Petroleum Development Company, SPDC, leaders of Ijaw and Itsekiri Oil and Gas Producing Communities have called for a total review of the company’s policy on manufacturer’s agents.

YOUTHS, weekend, staged a peaceful protest over the death of 10 youths in an auto-crash, while on their way to witness the Appeal Court judgment on Ebonyi State governorship election.

Governor Willie Obiano has commended the people for their support for the government and urged them to continue along that path in 2016.

BETWEEN 1979 and 1983, there were 449 members of the House of Representatives. The speaker of the House then was Chief Edwin Ume Ezeoke from Nnewi while his deputy Alhaji Idris Ibrahim was from Minna. The Leader of the House then was Alhaji Yinusa Kaltungo from Tangale-Waja South, a complete gentleman.

In Nigeria Stanbic IBTC could be said to have originated from the Investment Banking and Trust Company Ltd (IBTC) which came into existence in 1989 as one of the early indigenous private sector merchant banks in the country. After series of transitions, mergers and acquisitions, Stanbic IBTC has emerged as one of the growing lists of formidable Nigerian South African corporate alliances.

Immediate past President of the Nigerian Council of Registered Insurance Brokers, NCRIB, Mr. Ayodapo Shoderu, has said that at the level of the common man, the devalued naira will reduce the disposable income of Nigerians, further precluding them to care less about undertaking insurance.

Amidst the rising cost of goods in the economy, the higher cost of importing spare parts places insurers at risk from inflated claims costs, particularly within their motor accounts, according to a report by A.M Best. A.M Best also noted that insurers that maintain foreign-currency denominated obligations and utilise a weak asset liability matching framework, the decline in the naira relative to the U.S. dollar will increase liquidity constraints, owing to the need to increase domestic-denominated assets to meet their foreign-currency denominated liabilities.