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APC chieftain backs  Otobrise for DTHA seat

APC chieftain backs Otobrise for DTHA seat

UGHELLI—A chieftain of the All Progressives Congress, APC, in Delta State, and Executive Director,   Projects of the Niger Delta Development Commission, NDDC, Dr. Sam Adjogbe has urged the people of Ethiope East state constituency to rally round and support Mr. Omamuyovwi  Otobrise, a front line APC aspirant   for Ethiope East seat at the Delta State House of Assembly.

New listings may be curtailed until secondary market picks up – Cowry Assets boss

New listings may be curtailed until secondary market picks up – Cowry Assets boss

Johnson Chukwu is the Managing Director/CEO of Cowry Asset Management, a Lagos-based investment banking firm. In this interview with Financial Vanguard, he spoke on the state of the equities market arguing that poor performance in the secondary equities market is contributing to dull activity in the primary market. Excerpt:

No Supreme Court order on Pinnick —Keyamo

No Supreme Court order on Pinnick —Keyamo

Festus Keyamo, who is counsel to the President of the Nigeria Football Federation Amaju Pinnick has issued a ‘clear the air’ statement, debunking reports that there was a standing order of the Supreme Court that restrained his client from acting as the defacto President of the NFF.

CAMA allows shareholders to be members of audit committee – Adebisi

CAMA allows shareholders to be members of audit committee – Adebisi

National Coordinator, Independent Shareholders Association, ISAN, Mr. Adeniyi Adebisi, in this interview with Financial Vanguard spoke on audit committee membership and the provision of CAMA as well as government policy that affects the petroleum marketing companies quoted on the Nigerian Stock Exchange, NSE. Excerpts

Okorocha, IPOB, claim glory for Pro-Biafra women’s release

Okorocha, IPOB, claim glory for Pro-Biafra women’s release

OWERRI—FOLLOWING the release of the 114 pro-Biafra women who were arrested and detained in Owerri Prison after a protest, the Imo State Governor, Rochas Okorocha and the Indigenous People of Biafra, IPOB, are claiming glory for the women’s freedom by the court.

It is risky not to have life insurance – Onekhena

It is risky not to have life insurance – Onekhena

One thing I need to emphasize on is the importance of life insurance. It is risky for any person not to take life insurance, even when they know that in the event of death, there are dependents that would suffer.

How banks make free money – CBN Governor

How banks make free money – CBN Governor

In an address to Pressmen, about 5 years ago, in Abuja, Lamido Sanusi, who was then CBN Governor (2009-2014), unexpectedly, decried the prevailing monetary framework which facilitated banks’ access to make free money from their portfolio of government funds.

Insurers’ underwriting expenses outpace premium

Insurers’ underwriting expenses outpace premium

There are indications that insurers are committing more resources to meeting insurance claims and other underwriting expenses.  But this development may be eating into their earnings as expenses outpace gross premium written, GPW.

Nigeria’s budgets are heavily skewed – ICAN President

Nigeria’s budgets are heavily skewed – ICAN President

The President of the Institute of Chartered Accountants of Nigeria, ICAN, Alhaji Razak Jaiyeola, in this interview highlighted some of the issues that have bedevilled the Nigerian economy, especially the budgeting system. Excerpt: