Author Archives: Supernews - Page 1096
NCRIB engages NAICOM over 108 delisted members
Following recent delisting of some brokers by the insurance sector apex regulatory body, the National Insurance Commission (NAICOM), the President, the Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Kayode Okunoren has expressed optimism that the…
RBS to provide assessment of insurers’ risk
As the National Insurance Commission (NAICOM) plans a successful transition of insurance industry to a Risk-based Supervision (RBS) model this month, the director inspectorate of the commission Mr. Barineka Thompson,…
Guinea Insurance names Ugochukwu as chairman
Guinea Insurance Plc has announced the appointment of Barrister Godson Ugochukwu as the chairman of the company. The company equally announced its board’s approval of appointments of Mr. Anthony Achebe,…
FBN Insurance rewards staff
FBN Insurance Limited has appreciated excellent performance by rewarding its outstanding workers. Those recognised at the company’s Annual Retail Awards held at the company’s Retail Office in Lagos recently were…
NLNG restates commitment to Niger-Delta
Nigeria LNG Limited (NLNG) has restated its commitment to the development of the Niger-Delta and willingness to partner with government agencies, including the Niger Delta Development Commission (NDDC), to develop…
Borrowed Funds to Be Used to Finance Capital Projects – DMO
The Director General of Debt Management Office (DMO) Dr. Abraham Nwankwo has restated the Federal Government’s commitment that all money to be borrowed to finance the 2016 budget will be…
Dangote Cement posts N140.5bn revenue in 2016 Q1
Dangote Cement has posted revenue to the tune of billion for the first quarter ended March 31, 2016, compared to the 2015 figure of billion. According the company's filing with…
Union Bank gives reasons for non-dividend payment for 2015
Union Bank plc has attributed its inability to reward shareholders for the 2015 financial year to negative retain earnings recorded by the bank in the last four years. Fielding questions…
DG PenCom To Address Pension Funds Investment At CBU Lecture
The Director General of the National Pension Commission (PenCom), Chinelo Anohu-Amazu is to address a large diverse audience at the National Lecture Series of the Catholic Brothers United (CBU) scheduled…
Pension Funds investment: PenOp calls for review of extant laws
The Pension Finds Operators Association of Nigeria (PenOp) has called for considerate review of extant laws that will allow prudent investment in some critical areas such as infrastructure. Presenting a…
