Insurance

Oasis Insurance Appoints New Board Chairman

By InvestAdvocate Lagos (INVESTADVOCATE)-Oasis Insurance Plc has notified the Nigerian stock Exchange (NSE) that at the meeting of its Board of Directors held on February 21, 2014. Adenrele Tokunbo Kehinde was appointed chairman of the board of the company. Apart from the appointment of Kehinde, six (6) other directors were […]

FBN Life Completes Acquisition of 71.2% Stake of Oasis Insurance

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)- FBN Life Assurance Limited has completed the acquisition of 71.2 percent stake in insurance firm Oasis Insurance Plc. This is contained in an announcement Monday from FBN Holdings Plc the parent company of FBN Life Assurance to the Nigerian stock exchange and made available […]

Presidency, police insurance, bank charges to gulp N556m

The Presidency, ministries of Agriculture and Rural Development and Finance, as well as police formations and commands, among others, are to spend the sum of N555.98m on financial expenses such as bank charges and insurance premium this year. The amount is contained in the 2014 budget proposals for the affected […]