FBN Life Customer Base to Hit 200,000 by Middle of 2014
The youngest insurance company in the country, FBN Life Assurance Limited (FBN Life), said it has sold over 100,000 credit life insurance covers in its three years of existence. ...
Economy Cannot Grow Without Insurance, Insurance Experts Say
The immediate past President of the Nigerian Council of Registered Insurance Brokers (NCRIB), Mrs. Laide Osijo, has underscored the pride of place of the insurance industry in economic development, saying...
ARM Group Grows Funds under Management to N453bn
Asset and Resources Management Limited (ARM) said it has grown funds under management for its customers from zero level when it started business in 1995 to over N453 billion this...
Techno Oil Deploys Automated Pumping in Mega Stations
Techno Oil Limited has deployed automated pumping facilities in its 20 brand new mega stations strategically located in Lagos, Ibadan, Enugu, Onitsha and other cities as part of its renewed...
FDC: Eliminating Grey Markets Will Boost FG’s New Automotive Policy
The Financial Derivatives Company (FDC) has revealed that for the new automotive policy announced by the Minister of Trade and Investments, Dr. Olusegun Aganga, to take off smoothly, it is...
Alison-Madueke: Crude Oil Theft, Support System Are New Faces of Terrorism
The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has said incidents of oil theft and its reported global support system now symbolise a new face of terrorism which has continued...
Oil Spill: Senate Committee Accuses Ministry, NOSDRA, Shell of Indifference
The Senate Committee on Environment and Ecology has lamented the recent oil spill in Ogoni community in Rivers State and accused the Ministry of Environment of frustrating oversight in the...
Maritime Workers Threaten to Shut down Port Operations over Unpaid Salaries
Maritime workers have threatened to shut down the nation’s seaports should the management of the Nigeria Ports Authority (NPA) fail to pay nine months arrears of salary owed Tally Clerks...
Union Bank to Divest Non-banking Subsidiaries in 18 Months
Union Bank of Nigeria Plc at the weekend said it will divest its non-banking subsidiaries within the next 18 months in order to comply with the Central Bank of Nigeria...
FG Urged to Tackle Oil Theft
A former President of the Association of National Accountants of Nigeria (ANAN), Dr Samuel Nzekwe, has expressed concern over the spate of oil theft in the country. He however...