Archives for June, 2017 - Page 3
Global Investors oversubscribed UBA $500M EUROBOND by 240%
GMD, UBA, Kennedy Uzoka United Bank for Africa Plc (UBA) successfully raised USD500 million, though a debut Eurobond, which was 240% over-subscribed. The significant investor demand reflects the strong…
NAICOM urges NCRIB to tackle insurance poor acceptance
Commissioner for Insurance, Mohammed Kari The Commissioner for Insurance, Alhaji Mohammed Kari Commissioner, urged Insurance Brokers to come up with modalities to tackle the issue of poor acceptance of…
LASACO Assurance Pays N538M To 243 Deceased Beneficiaries
LASACO Assurance PLC said it has paid a sum of N538 million death benefits to 243 beneficiaries of the deceased employees of SUBEB and Local Government Areas (LGAs) in…
Mutual Benefits Assurance pre-tax dips in 2016
Mutual Benefits Assurance Plc has posted a 2016 full-year group pre-tax loss of The result which was released on the floor of the Nigerian Stock Exchange (NSE) indicates that…
Signing of 2017 Budget, critical for economic recovery, growth… Osibanjo
Osinbajo (seated) at the budget signing ceremony in Aso Presidential Villa. Standing close to him (from R) are senior special assistant to President Buhari on national assembly matters (senate),…
Royal Exchange Visits Deputy Commissioner, Technical, Mr. O. S. Thomas
L-R Mr. Benjamin Agili, Managing Director, Royal Exchange General Insurance Company Mr. O. S. Thomas, Deputy Commissioner, Technical, NAICOM Alhaji Auwalu Muktari, Group Managing Director, Royal Exchange Plc Mr.…
Arik Air shareholders move to defray debts owed to AMCON
Arik Air’s shareholders have held talks with a Middle East-based firm to partner with the airline to pay off the debts it (Arik) owes to Asset Management Corporation of…
ACCA, CIBN others to host Financial Integrity Improvement confab
The Presidential Advisory Committee Against Corruption (PACAC) in collaboration with the Association of Chartered Certified Accountants (ACCA), The Convention on Business Integrity (CBi) and the Chartered Institute of Bankers…
NLNG has no outstanding dividend payments to Government’
MD, NLNG, Tony Attah The Nigeria LNG Limited (NLNG), at the weekend explained that it has no outstanding dividend payments to Government and “continues to conduct its business in…
NBC Commitment to Environmental Sustainability
Non-alcoholic beverage industry giant and leading soft drinks manufacturing company, Nigerian Bottling Company Limited (NBC), has restated its commitment to environmental sustainability, during the 2017 World Environment Day celebration.…