First Bank of Nigeria (FirstBank) has acquired a risk management solution from SAS, a global analytics software and services company and largest independent vendor in business intelligence market.

Resort Savings and Loans Plc, one of the forefront primary mortgage institutions (PMIs) in the country has concluded plans for listing at the Nigerian Stock Exchange. Making this known at the Extra-ordinary General Meeting of the company at the weekend, Mr. Joe Idudu, chairman, board of directors of the PMI noted that the listing of the company’s shares at the Nigerian Stock Exchange will guarantee investors a steady window of opportunity to trade in the shares by buying new shares of the mortgage bank on the floor of the capital market.

Underwriters trade group, Nigerian Insurers Association has announced a record total gross premium income of about N164.5 billion during the 2008 operations period of member-companies. The same period saw insurers paying N53.3 billion in claims to policyholders across the country.

By OMOH GABRIEL Business Editor THE orgainsed private sector  weekend spoke of their expectation of the new CBN governor, Sanusi Lamido Sanusi. In a statement signed by its president, Asiwaju Solomon Kayode Onafowokan, the body of business men based in Lagos wanted the new CBN governor to pay particular attention to the following areas in […]

Mr. Abimbola Odunsanya is the chairman, Lagos chapter of the Chartered Institute of Taxation of Nigeria, a tax practitioner and financial analyst. In this interview, he speaks on how an effective tax system can become an alternative revenue earner for the government and help drive the country’s economy especially with the dwindling fortune of the oil price