According to its audited financial statements for the year ended December 31, 2010, presented to the NSE, its profit- after-tax grew by 32.87 per cent to N240.7 million from N181.155 million recorded in its 2009 financial year.

Two financial experts have faulted the reversal of CBN policy on operation of ATMs outside banks’ premises. The CBN last year directed banks to stop operating ATMs outside their premises.

Struggle to form a parallel regulatory body It is no longer news that insurance brokers are making moves to have ‘chartered’ institute in their name.

Good morning Madame Lagarde. From what you’ve seen in this very short period of time you had to get acquainted with IMF, what worries you the most?

Transnational Corporation of Nigeria Plc, Transcorp, has queried the power of the Federal High Court to entertain a N2.5 billion suit brought against it by a former Managing Director of the company, Mr. Tom Iseghohi, challenging the termination of his appointment.

IMMEDIATE past Managing Director, Fan Milk (Nigeria) Plc, Mr. Jens Erik Mollenbach has joined the Board of Honeywell Flour Mills Plc.

The Central Bank of Nigeria (CBN), has said that it has disbursed N185.172 billion from the N200 billion intervention fund for the manufacturing sector to the Bank of Industry for onward payment to participating banks.

In an effort to teach the Nigerian populace on the relevance of insurance, specifically life Insurance, Guarantee Trust Assurance Plc has taken up the call to strengthen insurance culture by deploying Television Commercial (TVC )

Genesis Plus and Shadowz have emerged winners of Malta Guinness Street Dance Season, MGSD, IV to represent Nigeria at the Pan –African championship.

Governor Murtala Nyako of Adamawa State has been presented an award as Ambassador of Neighbour-To- Neighbour, N2N, for his contributions to the activities of N2N and for distinguishing himself in grassroots mobilisation.