Dangote to launch own shipping fleet to boost maritime operation
By Godwin Oritse In a move to address limited shipping capacity and the rising cost of road transportation, which have hindered its regional expansion, Dangote Industries has concluded plans to acquire its own vessels to facilitate the movement of its products from Nigeria to markets across West and Central Africa. Speaking from the perspective of […]
Stakeholders hail Oceanic Bank for making provision for loan loss
Ahead of its 2009 Annual General Meeting (AGM), operators and other stakeholders have commended the Oceanic International Bank Plc for writing off bad loans as directed by the Central Bank of Nigeria (CBN).
Otudeko lists achievement at NSE
Mr. Oba Otudeko, Chairman of the Honeywell Group Nigeria and the immediate past president of the Nigerian Stock Exchange (NSE), has said that he was committed to the growth of the capital market throughout his tenure as president while also thanking the capital market community for the opportunity to serve in such capacity.
Moorgate MFB finances equipment acquisition for artisans
Moorgate Micro-Â Â finance Bank, in line with microfinance bank objective of alleviating poverty by providing loans to small and medium scale enterprises, has financed the purchase of N4m worth of diagnostic tools and injector machines for the National Automotive Technicians Association (NATA), which comprise mechanics, panel beaters, re-wirers and other artisans involved in auto repairs […]
Prestige Assurance income up by 33.47 %
In spite of the scourging heat of the global financial meltdown, Prestige Assurance Plc recorded 33.47 percent rise in its net premium income for the financial year ended December 2008.
Standard Insurance partners Willis Group
As part of its strategies to effectively work with the Federal Government to entrench the local content policy in the Oil & Gas sector, Standard Insurance Consultants is partnering with Willis Group, a global player in insurance business.
