Latest News

• Ex-Apple exec rolls out phone-based social network

  Bill Nguyen, the serial entrepreneur who sold his last company to Apple Inc in 2009, is launching a new cellphone-based social network which aims to challenge Facebook’s dominance in social communications beyond the personal computer.    ...

  • Posted March 24, 2011
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• IGI boosts NUGA with N30m

  INDUSTRIAL And General Insurance (IGI) Plc, the nation’s sports-friendly insurance company, in furtherance of its sponsorship of sports in Nigeria and commitment to youth development, is sponsoring the 2011 National Universities Games (NUGA) with a package worth...

  • Posted March 24, 2011
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• CIIN holds Miss Insurance dance

  MISS Eberechukwu Chinyere Onuorah has emerged winner of the 2011 Miss Insurance Dance organised by the Chartered Insurance Institute of Nigeria (CIIN). Ebere who won the crown in a keenly contested competition, which featured 18 beautiful ladies,...

  • Posted March 24, 2011
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• NSE’s market capitalisation rises further by N94b

  TRANSACTIONS on the floor of the Nigerian Stock Exchange (NSE) continued on an upbeat note yesterday, as more companies joined the gainers’ chart, causing market capitalisation to increase further by N94 billion. Specifically, at the close of...

  • Posted March 24, 2011
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• Koroma tasks members of WAICA on development of the association

  SIERRA Leone President and former President of the West Africa Insurance Companies Association (WAICA), Dr. Ernest Bai Koroma, has appealed to WAICA members to ensure the development of the association so as to fast track business promotion...

  • Posted March 24, 2011
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• ASSBIFI commends NAICOM on IAA take-over

  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 arzrest the drift at IAA. The...

  • Posted March 24, 2011
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• States, NEPC to develop World Bank-assisted commercial agriculture

  EFFORTS to achieve food sufficiency and stimulate export of agricultural products may have been enhanced as the Nigerian Export Promotion Council (NEPC), yesterday, signed a Memorandum of Understanding (MoU) with five states, under the World Bank-Nigeria assisted...

  • Posted March 24, 2011
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• 2011 budget unimplementable, say Aganga, group

  A FACE-OFF is imminent between President Goodluck Jonathan and the National Assembly, over the implementation of the recently passed N4.9 trillion, as the Federal Ministry of Finance has declared it as “expansionary and unimplementable.” Also, a civil...

  • Posted March 24, 2011
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• Govt signs N2.6b contract for Enugu dam

  THE Federal Government has signed contract for the construction of Adada River Dam in Aku, Enugu State, with an indigenous company, at a cost of N2.6 billion Signing the contract with Roudo Nigeria Limited, in Abuja, the...

  • Posted March 24, 2011
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• African Capital Alliance to invest $750m in Union Bank

  UNION Bank of Nigeria Plc has signed a Memorandum of Agreement (MOA) with the African Capital Alliance Consortium (ACA Consortium) to invest $750 million in the bank. This is sequel to the earlier announcement that the bank...

  • Posted March 24, 2011
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• Fashola lauds Dangote over N50m security trust fund donation

  GOVERNOR of Lagos State, Babatunde Raji Fashola on Monday was full of praise for the President of Dangote Group, Alhaji Aliko Dangote for his group’s donation of N50 million to the State’s Security Fund. Describing Dangote Group...

  • Posted March 24, 2011
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• Ministry, CBN partner on funding for research results

  HOPE for national utilisation of research and development results have been raised with recent efforts of the Ministry of Science and Technology and the Central Bank of Nigeria reaching advanced stage to source funding for commercialisation of...

  • Posted March 24, 2011
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• UK firm provides online shopping mechanism to Nigerians

  FIRST Class Receptions Limited, a sister company to First Class Receptions, United Kingdom (UK), has introduced a new online shopping innovation to the Nigeria market.             . According to the Managing Director...

  • Posted March 24, 2011
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• IMACL partners FIRS, LIRS on business and tax awareness training

  INVESTMENT Managers And Assets Consulting Limited (IMACL) in collaboration with the Federal Inland Revenue Service (FIRS) and the Lagos State Internal Revenue Service (LIRS) is organising a two-day workshop on Business and Tax Awareness for the general...

  • Posted March 24, 2011
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