The future of African insurance industry is promising – AIO President
AIO works on various initiatives to, among others, strengthen a number of insurance pools to grow African insurance and reinsurance capacity across the continent. It has also worked to develop micro insurance.
ASeM: NSE should increase engagement with SMEs — Kurfi
The truth of the matter is that those companies that are listed in the ASeM are more like moribund.
Nestle tasks shareholders on reduction of unclaimed dividend
THE chairman of Nestle Nigeria Plc, Mr.David Ifezulike, has enjoined the shareholders of the company to complement the effort of Securities and Exchange Commission, SEC, to reduce the quantum of unclaimed dividend in the nation’s capital market by enrolling in the on-going e-dividend.
FGN Export Fund sucks N25bn from banks’ profits
A WHOPPING N24.98 billion was withdrawn from the profits 14 banks quoted on the Nigerian Stock Exchange, NSE, and transferred to the Central Bank of Nigeria, CBN, Export Stimulation Fund.
One shot as SARS operatives go berserk in Delta
EKU—THERE was pandemonium, weekend, at Eku, Ethiope East Local Government Area of Delta State as a team of Special Anti-Robbery Squad, SARS, went haywire and shot sporadically into the air during an en-counter with some suspected internet fraudsters popularly referred to as Yahoo Boys.
LG secretariat set ablaze over APC primaries
LAGOS—Protests over the conduct of All Progressives Congress, APC, local government council primaries snowballed, Saturday night, into the burning of the Amuwo Odofin Local Government Secretariat, in FESTAC Town.
Law Union targets middle-income earners to drive growth, revenue
LAW Union & Rock Insurance Plc has said that it will focus on distribution of its products to the burgeoning middle class during the course of 2017 financial year to drive growth and profitability.
Africa Re awards $25,000 to CEO of the year, two companies
THE third edition of Africa Reinsurance Corporation (Africa Re) Awards recognized Delphine Traoré Maïdou as the CEO of the Year for the significant contribution she made to Africa’s economy as CEO of Allianz Global Corporate & Specialty (AGCS) Africa from 2012 to 2017.
How Ondo teachers make money from pupils’ fingernails, blood
Akure—TWO primary school teachers in Ondo town, Ondo State, have been arrested over allegations of cutting the nails and taking blood from pupils for ritual purposes.
Missing lecturer found dead in hotel room
MAKURDI—The remains of a senior lecturer at a North-Central state’s College of Education, was, yesterday, found in a hotel room days after he was declared missing by his family.
Bulls, bears to interface equities this week
THE recent rally seen in the equities market may be sustained this week as the market is set to benefit from some positive developments in the macro-economic environment, even as investors are expected to ride on the back of the recent rally to take profits.
