By Udeme Ekwere Shareholders of Nigerian Aviation Handling Company Plc have given unanimous approval to the management of the company for the transfer of its assets to a subsidiary. A statement from the company on Thursday noted that the management of the company had proposed the transfer of assets of […]

By Nike Popoola The National Insurance Commission has set up an Anti-Money Laundering and Combating Financing of Terrorism compliance unit to eliminate money laundering and terrorism financing in the insurance industry. The Commissioner for Insurance, Mr. Fola Daniel, disclosed this during the AML/CFT directors’ awareness workshop in Lagos on Thursday. […]

By PAMELA SAMPSON – AP Business Writer BANGKOK (AP) — Asian stock markets were sharply lower Friday amid signs of a possible U.S. recession and renewed worries over the health of Europe’s banks. Oil prices fell to near $81 a barrel in Asia, extending a major sell-off fueled by investor […]