Kayode Adelowokan, Lagos The Chartered Insurance Institute of Nigeria (CIIN) has announced Mr. Kolawole Raheem Ahmed, as the new Director General for the institute following the retirement of the erstwhile Director General, Mr. Adegboyega Adepegba. CIIN told African Examiner that prior to his appointment, Raheem had run the secretariat of the premier professional body in an […]
Kayode Adelowokan, Lagos The West African Insurers Companies Association (WAICA) has concluded plans to host a three day international educational Conference from November 24 to 26 in Lagos. The theme of the 2013 WAICA Educational Conference is: An Integrated and Harmonised Insurance Industry in West Africa”. The Secretary General of WAICA, William Coker, in a press statement […]
Kayode Adelowokan, Lagos Royal Exchange Insurance Plc has announced the passing away of its Group Head, Corporate Communications, Mr. Austin Agbareh, which sad event occurred on Wednesday, November 20, 2013, in India where he was receiving treatment for an ailment. Agbareh was 56 years. He joined the Royal Exchange family on April 6, 2010 as the […]
Kayode Adelowokan, Lagos The campaign for enhanced insurance awareness in Nigeria has received a boost with the endorsement of insurance as a pivotal risk mitigation device by the Alake of Egbaland, Oba Adedotun Aremu Gbadebo. Speaking while receiving a delegation of the Nigerian Council of Registered Insurance Brokers (NCRIB), led by its President, Mr. Ayodapo […]
Kayode Adelowokan, Lagos A Cocoa Processing Company (CPC) located in Ghana, the producer of GoldenTree chocolate confectioneries and other semi-finished cocoa products, has further expanded its leading market position in Africa, with its participation at the Lagos International Trade Fair. Speaking at the GoldenTree Partners’ Forum recently held in Lagos, the company’s Marketing Manager, Genevieve […]
…We’re Only Enforcing Laws, Says Commission Kayode Adelowokan, Lagos Suffering and Smiling. That was the base of afro-beat legend, Fela Anikulapo-Kuti’s position on the state of things in the nation’s economy. That was to reverberate in the unofficial second ‘money market’ in the country in the wake of the meltdown rocking the undercurrents of the […]
Kayode Adelowokan, Lagos A leading infrastructure and technology company, General Electric Africa has been honored at the United Nations 2013 Global Leadership Awards Dinner in New York, USA. The award is in recognition of GE’s commitment to the “Every Women Every Child” (EWEC) initiative championed by the UN Secretary General, Mr. Ban Ki-moon, as well […]
The House of Representatives on mandated its Committees on Privatization and Commercialization, Public procurement, Commerce, Marine Transport and customs to commence investigation into activities of concessionaires at Nigerian ports. This resolution emanated from a motion moved by Rep. Jerry Alagbaoso (PDP-Imo) which was adopted without debate. The concessioning of Nigerian seaports through the Bureau of […]
As a way of bringing the teeming percentage of the unbanked population on board the banking train, Skye Bank Plc has intensified efforts to provide financial services to this class of people through a range of product offerings. The Executive Director in charge of South South Business Development/Retail Banking, Skye Bank Plc, Mrs Ibiye Ekong, […]
Seplat Petroleum Development Co., a Nigerian oil company that bought assets in the Niger River Delta from Royal Dutch Shell Plc (RDSA), is considering listing shares on two stock exchanges, according to Managing Director Augustine Avuru. “A dual listing remains an option for Seplat for equity-raising,” he said in a telephone interview on Nov. 8, […]
Kayode Adelowokan, Lagos Investors in Conoil Plc have reaped a return of 15 per cent in one week past as the equity continued to appreciate in value following impressive performance by the major marketing company. Conoil led gainers on at the trading on the Nigerian Stock Exchange on Thursday, appreciating by 10 percent to close […]
Kayode Adelowokan, Lagos As part of the activities to commemorate the 2013 ‘Global Literacy Day’, employees of Skye Bank Plc have donated books worth millions of naira to a public school school in Rivers State, Community Secondary School, Nkpolu. The bank employees partnered with a non-governmental organization, Chamagne Foundation, to champion the worthy initiative. Speaking […]
The African Examiner Investors that take position on UBA shares now have the chance of making as much as 45% return over the next 12 months writes US based Investment banking giant, JP Morgan, in its latest analysis of Nigerian banks. “UBA offers an attractive 45% upside potential over 12 months, among the highest in […]
The African Examiner Towards meeting the national sugar master plan, Dangote Sugar Refinery Plc (DSR) is actively pursuing a backward integration policy with a target of producing a total of 1.5 million tonnes of sugar per annum locally from its subsidiaries. The company also plans to resume exports to selected West African countries in the […]
Ayo Balogun, Lagos The Lagos International Trade Fair ended on Sunday with traders and exhibitors complaining of poor sales despite high cost of acquiring space at the fair ground at the Tafawa Balewa Square (TBS), Lagos, Nigeria. The fair, which kicked off on 1 November, 2013 ended after 10 days of trading and exhibition of […]
Kayode Adelowokan, Lagos The Nigerian Council of Registered Insurance Brokers (NCRIB) has appealed to the National Insurance Commission (NICOM) to review the regime of penalties imposed on erring brokers. The Council president, Mr. Ayodapo Shoderu, said this during a courtesy visit to the Commissioner for Insurance, Mr Fola Daniel, in Abuja. Shoderu said there is […]
…Says No Company enjoys Monopoly on Lifting of Nigeria’s Crude The Management of the Nigerian National Petroleum Corporation, NNPC over the weekend denounced the recent report by Swiss -based NGO (The Berne Declaration) which accused the Corporation of collusion with some local and international oil traders to execute unfair industry practices. In a chat with Journalists […]
The African Examiner The Inspector-General of Police, IGP MD Abubakar, supported by United Bank for Africa (UBA) Plc, on Wednesday, unveiled an electronic anti-crime campaign jingle to air on national radio stations aimed at raising the awareness of Nigerians on how to tackle insecurity in the country. The campaign will discourage young Nigerians from engaging […]
Kayode Adelowokan, Lagos Association of Registered Insurance Agents of Nigeria (ARIAN) has appealed to insurance companies to give adequate and continuous training to their marketers so as to improve the level of insurance business, in the country. ARIAN national president, Mr. Kingsley Obuvie, who disclosed this today at a press briefing in Lagos, added that […]
Kayode Adelowokan, Lagos Pension Fund Administrator (PPFA) in Nigeria has blamed state governments for the major problem facing the contributory pension system (CPS) in the country. Mrs. Eno Umoh, Head of Business Development and Marketing, Trustfund Pensions Plc, disclosed this in Lagos while presenting a paper titled; “challenges of ensuring full compliance with the Pension […]
