Equity Assurance launches USSD mobile solution

THE National Insurance Commission (NAICOM) has lamented the non-compliance to compulsory insurance stating that resistance is still coming from both government and people.

Secretary to the Government of the Federation, Boss Gida Mustapha granted the interview  below as Managing Directors of the National Inland Waterways Authority , NIWA , well ahead of his new appointment . 

NINE life insurance companies are yet to transfer a total of N25 billion legacy pension funds belonging to Pension Transitional Arrangement Directorate (PTAD), the Executive Secretary of PTAD, Mrs. Sharon Ikeazor has said.

INVESTORS’ sentiments surged on the stocks of banks, particularly, First Bank Holdings, last week with the three leaders in volume traded including First Bank, Diamond Bank and United Bank for Africa, in that order.

IT is seven years since our Foundation was created, time to reflect on the speed in which we have institutionalised internally; begun to change narratives globally; and championed entrepreneurship in Africa.

THERE are lots of sharp practices in the Nigerian capital market and it is time for regulators, especially the apex regulator, Securities and Exchange Commission, SEC to hold the bull by the horns by scrutinising annul reports of   public companies and other activities of operators.

ROYAL Exchange Plc has   secured the approval of the National Insurance Commission (NAICOM) to underwrite agric-business. The company said that the move is part of efforts to unlock new growth potentials that will increase consumer value and better returns on investment to its shareholders.

DIAMOND Bank Plc has concluded arrangement to divest its 97.07 per cent equity stake valued at €61 million (Sixty One million Euros) in Diamond S.A through a deal with Manzi Finances.

Lasaco Assurance Plc has  resumed the underwriting of annuity business that would make beneficiaries earn salaries for life after leaving office.

David Adonri, Managing director/CEO, Highcap Securities  Limited, in this interview with Financial Vanguard, spoke on some actions taken by the apex regulator of the Nigerian capital market, investors’ confidence and his expectations on the third quarter corporate performance in 2017, among others. Excerpt

FIDELITY Bank Plc is collaborating with Nigerian Conservation Foundation (NCF) and Lagos State Government (LASG) to promote environmental conservation and sustainable development in Nigeria.

DESPITE the challenging environment, the back integration and marketing strategies adopted by Flour Mills Nigeria Plc have contributed significantly to spur growth in its Profit Before Tax, PBT by 53.2 per cent to N13.48 billion for the first half H1, ended September 30, 2017 from N8.80 billion in the corresponding period of 2016.

THE Nigerian equity market is expected to be bullish this week as mixed sentiment by investors across key sectors will continue. As the market continues to witness mixed performances by corporates for Q3’17 investors’ preference for shares will remain mixed.

THERE are different types of funds transfer services and it is important for bank customers to understand the differences and implications.