Latest News

• Inflation rate fell to 11.1% in Feb

  Nigeria’s  inflation rate declined to an annual 11.1 per cent in February as against 12.1 in January. However, the rate remains above the Central Bank of Nigeria (CBN)’s target rate. Experts attributed the current development to the...

  • Posted March 26, 2011
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• Insurance growth: CIIN reels out road map

  n the aftermath of the global financial crisis, insurance operators have started strategising on modalities to cushion the effect the crisis may have on the industry. According to the President, Chartered Insurance Institute of Nigeria (CIIN), Mr...

  • Posted March 26, 2011
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• ASSBIFI commends NAICOM on IAA takeover

  THE Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) Investment & Allied Assurance Plc (IAA) unit, has commended the action the National Insurance Commission (NAICOM) took recently to arrest the drift at Investment and...

  • Posted March 26, 2011
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• IGI provides insurance cover for NUGA participants

  INDUSTRIAL and General Insurance (IGI) Plc, a foremost sports-friendly insurance company, in furtherance of its sponsorship of sports in Nigeria and commitment to youth development, has announced a donation of N30 million to sponsor the 2011 National...

  • Posted March 26, 2011
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• IFRS migration: NAICOM intensifies efforts

  EFFORTS are on top gear by the National Insurance Commission (NAICOM) to enforce a seamless and cost effective transition to International Financial Reporting Standard (IFRS) among insurance and reinsurance companies in Nigeria as means to ensure compliance...

  • Posted March 26, 2011
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• NNPC targets 250,000bpd crude oil by 2015

  The Nigerian National Petroleum Corporation (NNPC) is targeting an exploration level of 250,000 barrels  from its upstream portfolio by 2015. Speaking during a visit by the management of Technip Group led by its Senior Vice President, Mr....

  • Posted March 26, 2011
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• Oando to sustain availability of cooking gas

  Oando Plc, an indigenous major player in the oil and gas sector, is making investments in the Liquefied Petroleum Gas (LPG) business to ensure availability of LPG, stem the rising cost of the LPG and boost its...

  • Posted March 26, 2011
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• Non-passage of PIB: The intrigues and politicking

  The Federal Government had promised to ensure the passage of the controversial petroleum industry bill (PIB) before the expiration of this present administration on May 28. But recent developments at the National Assembly could perhaps truncate this...

  • Posted March 26, 2011
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• Brace up for challenges, AAAN boss charges practitioners

  Advertising practitioners have been charged to brace up for challenges which technology,  the new media and the increasing sophistication of the consumers’ taste might pose in the nearest future. Making these remarks at a business seminar, organised...

  • Posted March 26, 2011
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• Terragon set to explore African market

  Terragon Limited, a new media and content aggregation firm, has  restated its determination to establish a strong presence in African countries. Briefing the media on the activities of the company in three African countries, where it currently...

  • Posted March 26, 2011
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• Ekiti unveils new brand identity

  Ekiti state government made a major move towards consolidating on the various virtues and attributes of the state and its  people,  recently, when it unveiled a new brand identity, which comes with a new logo, colour and...

  • Posted March 26, 2011
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• FG launches 3 agric commodity associations

  • Posted March 26, 2011
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• Naira: A currency under pressure

  Of late, the nation’s currency, the Naira, has come under global focus. Though, there have been severa l concerns over the state of the currency and the way it was being managed by the Central Bank of...

  • Posted March 26, 2011
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• Let NAICOM boost insurance awareness in Nigeria -Glanvill Enthoven MD

  Glanvill Enthoven & Co, a subsidiary of Odu’a Investment Company Limited, is one of the oldest insurance brokerage firm in Nigeria. In this interview with Adekunle Tayo, the Managing Director of the company, Mr Olayemi Olatunji, explains...

  • Posted March 26, 2011
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