Govt plans automation of insurance premium
Naicom Buliding If plans by the Minister of Finance, Mrs Kemi Adeosun, to deplore the use of technology to monitor vehicles in the country succeeds, motorist will be automatically charged...
View ArticleDiamond Bank OCI Gains Masking Weak Underlying Results
Moving to Neutral post marked sell-off; still wary of n-term outlook Despite a material boost from fx trading income,Diamond Bank’s Q2 2016 PBT fell -35% y/y and missed our forecast by 13%. Excluding...
View ArticleeTranzact Appoints Two Non-Executive Directors
e Tranzact logo eTranzact International Plc recently appointed two (2) non-executive directors to join the board of the company. The profile of the directors are as follows Mr. Adeyinka...
View ArticleAfrica’s New Top-Up Leader: Ozaremit Accelerates its Development
Map of Africa Ozaremit , a new top-up leader, accelerates its development only 3 months after its launch. Ozaremit currently covers 110 countries, including 35 countries in Africa....
View ArticleMonthly Markets Review – Overview of Markets in July 2016
Sentiments were broadly bullish in global equity markets, with gains being mostly concentrated in the first half. The key drivers of the widespread positive performance were upbeat economic data,...
View ArticleMinister hails Editors, urges them to be Champions of Change
Lai Mohammed The Minister of Information, Alhaji Lai Mohammed, has commended the Nigerian Guild of Editors (NGE) for being part of the ongoing determined efforts to tackle the various...
View ArticleFG dismisses reported appointment of new leader for Boko Haram as cheap...
Lai Mohammed The Nigerian government has described as cheap propaganda the report that ISIS has appointed a new leader for Boko Haram, saying it is too late to employ such tactics to revive the...
View ArticleGhana’s Nsia Insurance advocates more patronage of comprehensive vehicle policy
NSIA logo With recent heavy downpours across the country being anything but normal, NSIA Insurance Ghana has advised car owners and motor users to purchase comprehensive vehicle insurance...
View ArticleCadbury Nig Plc: The Dilemma – Margins vs. Market Share
Cadbury logo CADBURY’s second quarter (April to June 2016) loss caused H1-16 profits to drop by 78% from Q1-16. The loss after tax in Q2-16 resulted from a combination of (1) cost inflation,...
View ArticleFX Related Costs Bite Harder On Earnings of Julius Berger Nigeria Plc
Julius Berger logo FX related charges drag Q2 into loss Weak Q2 bottom-line mutes strong profitability over the quarter FY’16 earnings forecast revised lower following disappointing H1...
View ArticleCBN Issues Directives on the Removal of Fixed Interest Rate on Credit cards
Godwin Emefiele, CBN Gov. The Central Bank of Nigeria, in furtherance of its efforts at strengthening the Nigerian Payments System, hereby issues the following directives; The Removal of...
View ArticleRoyal Exchange Grows Gross Premium To N8,434b In H1 2016
Auwalu Muktari, GMD Riyal Exchange Plc Royal Exchange Plc on Friday released its first- half (H1) period financial statement ended June 30, 2016. The underwriter in a notice to the Nigerian...
View ArticleUBA Early Redemption Option on Bonds: N20b 7 Years 13% Fixed Rate...
UBA logo United Bank for Africa Plc (“UBA” or “the Bank) on friday notified The Nigerian Stock Exchange of the Resolution of its Board of Directors to exercise the call option for the early redemption...
View ArticleWinners Emerge in Access Bank Rio 2016 Olympics Campaign Promo
Access Bank Plc logo Following the successful conclusion of the Access Bank Rio 2016 Olympics Campaign Promotion, four lucky Access bank customers emerged as winners and each won an...
View ArticleAxa Mansard Appoints Frederic Coppin As Non Executive
AXA Mansard logo AXA Mansard on friday announced the resignation of Mrs. Sahondra Ratovonarivo as a Non-Executive Director of the Company. The underwriting disclosed this through a notice...
View ArticleEFCC Visit: NAHCO Assure Investors, Other Stakeholders
At about 1400 hours on Thursday, July 28, 2016, officials of Economic and Financial Crimes Commission (EFCC) visited the headquarters of the Nigerian Aviation Handling Company Plc, on a fact finding...
View ArticleOhis Ohiwerei Joins AXA Mansard As Independent Non-Executive Director
AXA Mansard logo AXA Mansard Insurance Plc on friday said its board of directors unanimously approved the appointment of Mr. Ohis Ohiwerei as an Independent Non-Executive Director of the...
View ArticleCorporate, Pension Industry Strategies Initiatives To increase Investment In...
L-R: Special Guest, Andy Eke; Director General, National Pension Commission (PenCom), Dr. Mrs Chinelo Anohu-Amazu; President of CPU, Emmanuel Uwukhor and Father of the Day Gregory Ahonsi at the 17th...
View ArticleFBNInsurance Cheque Presentation In Support National Cerebral Palsy Family Forum
LR: Emeka Dibia, CHRO, FBNInsurance, Festus Izevbizua, CFO, FBNInsurance, AVM Femi Gbadebo, CEO, Benola, Johan Schalkwyk, COO, FBNInsurance and Elizabeth Agugoh, Head Marketing & Corporate...
View Article13 Year Old Nigerian Sets Mathematics Record
Promasidor logo Oluwatunmise Idowu, a 13 year old student of Scholars Universal Secondary School, Ota, Ogun State last week, stunned the organisers of the on-going 2016 Cowbellpedia Mathematics...
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