Staco Insurance plc has set up platforms that would enable clients pay online. Chairman of the company, Mr. Dere Otuba who disclosed this at the company’s 20th annual general meeting in Lagos last week, said that the provision was made to avoid the rigors associated with premium payments.

WARRI—ALL Progressives Congress, APC, Chairmen in Ijaw dominated Local Government Areas of Bomadi, Burutu, Patani, Warri South-West and Warri North Local Government Areas of Delta State, and Udu in Udu Local Government Area of the state, have unanimously endorsed Pastor Power Aghinighan as their new leader.

The insurance industry is putting modalities in place to partner with the Nigeria Interbank Settlement System (NIBSS) in the use of technology to reduce overhead costs.

ABUJA — NORTHERN Christians, yesterday, insisted that they were not breaking away from the Christian Association of Nigeria, CAN, as being peddled by some groups of Christians from the northern axis of the country.

Investors in the nation’s stock market lost N50.9 billion last week as market capitalisation dropped to N9.358 trillion on Friday from N9.408 trillion it opened during the week. In the same vein, another stock market gauge, the All Share Index depreciated by 0.65 per cent to close the week under review at 27,246.88 points.

BENIN—AHEAD of the coronation of a new Oba in Benin Kingdom, Edo State Government has commenced the reconstruction of Ibiwe, Plymouth and Akenzua roads in Benin City.

Chiefs, elders and indigenes of Nembe Kingdom, Bayelsa State, have condemned last Monday’s attack by gunmen on a military post in Nembe city, headquarters of Nembe Local Government Area of the state, in which three soldiers were killed.

Lafarge Africa Plc, a leading Sub-Saharan Africa building materials company and a subsidiary of LafargeHolcim, a world leader in building materials operating in Nigeria has commenced mobilization of professionals in Nigeria’s built sector and students for participation in the 5th International LafargeHolcim Awards.

Coronation Merchant Bank Limited (Formerly Associated Discount House Limited) has completed the issuance of a N16.79 billion senior unsecured FMDQ-listed commercial paper for UACN Property Development Company Plc (“UPDC”).

Stanbic IBTC Asset Management Limited, a subsidiary of Stanbic IBTC Holdings Plc has concluded plans to launch a new Exchange Traded Fund (ETF). To be called the Stanbic IBTC Pension ETF 40, the ETF will mirror the Pension 40 Index (Pension Index), according to the company. The launch will bring to two the ETFs in Stanbic IBTC Asset Management Limited’s portfolio.