Oando grows half year revenue to N2.1trn
Oando Plc has recorded a 20 per cent increase in revenue to N2.1 trillion for the half-year ended June 30, driven by higher crude oil production, improved operational efficiency and cost optimisation.
CSR: Oceanic Bank supports mothers against child abandonment
The cause of ensuring a bright future for abandoned children is one that requires the attention of all Nigerians, the management of Oceanic Bank International Plc has said.
Stock market opens 2011 on impressive note
The Nigerian Stock Exchange (NSE) has resumed the new year, Tuesday 4, 2011, after a one day public holiday declared by the federal Government to hold Monday. However, the market indicators used for measuring the performance indices, the market capitalisation and the All share index appreciated by 1.34 per cent each.
Govts should focus on infrastructure in 2011, LCCI year
Lagos Chamber of Commerce and Industry, LCCI, has called on the three arms of government to focus on revival of critical infrastructure in 2011 “All the three tiers of Government must rededicate themselves to the revitalization of critical infrastructures in the New Year.
NASB advocates legislation amendment for implementation of IFRS
The Nigerian Accounting Standards Board (NASB), has identified amendment of incompatible financial legislations and collaboration among financial regulators in the country as conditions for effective implementation of International Financial Reporting Standards (IFRS) in the country.
N200bn Agric fund: CBN releases N96bn for 86 projects
The Central Bank of Nigeria (CBN) has released N96.8 billion to finance 86 agricultural projects across the country under the N200 Commercial Agricultural Credit Scheme (CACS).
GNI establishes risk inspection unit to enhance customer service
Great Nigeria Insurance (GNI) Plc says it has put in place a risk inspection and survey unit that will enable it assess and settle small to medium sized claims with out delay.
NAICOM approves 15 new products for Capital Express
National Insurance Commission (NAICOM) has approved a total of 15 new products for Capital Express Assurance Limited for deployment into the market in 2011.
Anchor Insurance records N788 million income
Anchor insurance company Limited in the financial year ended December 31, 2009 posted grew its total income to N788.5 million as against N495.5 million in 2008, showing a 59 percent growth.
Niger Insurance assures shareholders of better returns
The management of Niger Insurance plc has assured the esteemed shareholders of better returns on their investment in the years ahead.
The company’s Managing Director, Clinton Uranta, who gave this assurance during a chat with journalists in Lagos recently, stated that having witnessed a challenging year in 2009, things can only get better in the coming years.
.. Opens new office in Abuja
Meanwhile the Institute has opened a New Office in Abuja as a major step aimed at strengthening the Institute’s presence in the Federal Capital Territory .
