A bullish trend was recorded on the Nigerian Stock Exchange (NSE), last week, as the value of listed equities, driven by gains on the share prices of blue chip companies, went up by N21.98 billion.

UK-based financial and business training experts, Regal Exchange & Associates Limited, has announced the commencement of a two-day leadership course Expert Negotiator – in Accra, Ghana from 20th – 21st August 2009.

Following a recent public hearing in the National Assembly announced by the minister of commerce and industry, Chief Achike Udenwa, on the proposal of government to create N500 billion industrial revival fund, the Lagos Chamber of Commerce and Industry (LCCI) said it welcomes the concern expressed by the government on the plight of the Nigerian industrial sector but perhaps too early to celebrate.

In furtherance of its commitment to improving the lifestyle of its customers across the length and breadth of the country and contributing to the growth of the Nigerian economy, through grassroots empowerment, First Bank of Nigeria Plc has rewarded its customers, numbering 176, with various gift items running into hundreds of millions of naira in the grand finale of its Big Splash Promotion Reloaded draw, held in Lagos, last weekend.

Coleman Technical Industries Limited, owners of Coleman Wires and
Cables, recently commissioned its ultra modern factory complex at
Arepo, along the Ibadan-Lagos Expressway, Ogun State.

National Insurance Commission (NAICOM) has counselled retiring workers in the country to choose life annuity products from registered life insurance companies.

Given the down turn in the world economy, global attention is increasingly being focused on the manufacturing sector as the panacea for the development of the nation. This is more so for a country like Nigeria that depends solely on oil as a major source of foreign exchange. The fact still remains that it is impossible for us to develop as a nation without a strong manufacturing base.

Efforts of the National Insurance Commission (NAICOM) at promoting quality and efficient insurance industry though competent supervision of the sector has been extolled by the Chairman of Staco Insurance Plc, Mr Dere Otubu just as the Staco Insurance posted a gross premium income of N4.4billion in 2008.

Insurance industry may henceforth witness change in attitude of the sector chieftains to industry programmes from poor and half to full participation.
There is likelihood that insurance’s chief executives may give ample time to attending industry’s training programmes in spite of their tight schedules in line with the new vision of the insurance industry.

A culture of propaganda is generally adopted by autocratic and despotic states and institutions to becloud a putrid underlying malaise. In modern times, the regime of Hitler, the German demagogue provides a fine example of the practice of propaganda as a cover up for unspeakable atrocities of heinous crimes against humanity.

Union Homes Savings and Loans Plc has commissioned its Enugu and Asaba branches to serve as housing delivery outlets in Enugu and Delta States, respectively.

The introduction of Automated Teller Machine (ATM) brought succor to Nigerian banking environment as long queues in the banking halls began to wane, as most customers opted to transact through that channel.

The embattled Nigerian capital market may now have a breather as banks open a new window of investment for investors, Lucky Fiakpa writes
Guaranty Trust Bank (GTB), though a new generation bank, it however practices banking as of old. Cool, calculated and conserved. It is never loud in its approach to the business. But that has not diminished its drive for creativity. Since becoming a full-fledged commercial bank, it has been very innovative.

Efforts of the Central Bank of Nigeria to check the liquidity crisis in the banking system and return to a liberal foreign exchange market, with market determined exchange rate is been threatened by speculation in the foreign exchange market forcing the authorities to embark on measures tantamount to policy somersaults

Stanbic IBTC Bank Plc, one of Nigeria’s leading financial services providers and a member of the Standard Bank Group, has been named the “Best Sub Custodian in Nigeria” at the Global Investor magazine annual awards.