All posts tagged "headline"

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  Universal Insurance in a growth spurt as earnings

  spikeUniversal Insurance Plc is in a growth spurt as full year 2014 profit surges 1075 percent amid tough operating environment bedeviling firms in Africa largest economy Nigeria. For the year ended December 2013, Universal Insurance profit after...

  • Posted May 10, 2015
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  NNPC releases N2.36bn for 2015 group life insurance

  In line with the ‘No Premium, No Cover’ policy of the National Insurance Commission (NAICOM), Nigerian National Petroleum Corporation (NNPC) has paid the sum of N2.36 billion for its employees’ group life insurance for 2015, BusinessDay investigation...

  • Posted May 10, 2015
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  BATN Foundation empowers small farm holders

  The British American Tobacco Nigeria (BATN) Foundation on Thursday said that it was empowering small farm holders nationwide to ensure food security in the country. An environmentalist with the foundation, Prof. Chidi Ibe, disclosed this in an...

  • Posted May 10, 2015
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  AMCON: DMBs, CBN to contribute to Banking Sector Resolution Cost Fund

  Deposit money banks (DMBs) in Nigeria will be required to make contributions of 50 basis points of their total assets to the Banking Sector Resolution Cost Fund, the Senate Committee on Banking, Insurance and other Financial Institutions...

  • Posted May 10, 2015
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  Apapa gridlock: Fashola raises hope with transportation of fuel by rail under Buhari

  Some rays of hope came yesterday on the perennial gridlock that continues to shut down Apapa, as Governor Babatunde Fashola of Lagos hinted of plans to transport petroleum products by rail under the incoming Federal Government to...

  • Posted May 10, 2015
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  Bond yields seen falling at auction

  The yields on Nigerian Treasury bonds are expected to fall at a primary auction due to a lower supply, while the yields of Kenyan Treasuries could head higher due to the central bank’s tightening stance in the...

  • Posted May 10, 2015
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  Nigerian stocks offer re-entry opportunity for bargain hunters

  The Nigerian stock market may have witnessed some sort of sell-off recently but it could only be offering another opportunity for bargain hunters to re-enter the market for value stocks that are currently priced below their actual...

  • Posted May 8, 2015
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  MNM Shipping Line opens new business frontiers for W/African market

  MNM African Shipping Line, the first privately-owned shipping line in Africa, which recently commenced operations, has opened new business frontiers for countries in West African region by connecting them directly with new destinations. The new shipping line,...

  • Posted May 8, 2015
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  Dubai event spotlights immense potential of $80bn African aviation market

  Aviation in Africa currently supports more than 6.9 million jobs and over $800 billion in GDP across African nations. But this is nothing compared with what it can become. Annually, a further 155,000 jobs and $1.3 billion...

  • Posted May 8, 2015
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  Stanbic IBTC Holdings’ faltering performance makes analysts cut earnings forecast

  A weaker-than-expected performance in both Stanbic IBTC Holdings’ bottomlines have led analysts to cut their earnings forecast as the lender recorded drastic fall in profit. For the first three months through March 2015, Stanbic Holdings net income...

  • Posted May 8, 2015
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