By Nike Popoola Monday, 1 Nov 2010 International Energy Insurance Plc has restated its commitment to the development of the oil and gas insurance business in Nigeria. In a statement by the company on Saturday, the Executive Director, Operations, IEI, Mrs. Roseline Ekeng, gave this assurance after the company settled energy […]

By Nike Popoola Monday, 1 Nov 2010   Mutual Benefits Assurance Plc has said that its profit before tax rose from a loss of N1.5bn in 2008 to N402.6m in 2009. The Chairman of the company, Chief Chamberlain Oyibo, said this during the company‘s Annual General Meeting in Lagos on Thursday. […]

By Emele Onu and Goddy Egene, 10.31.2010    Nigerian banks may be compelled to stop operations in The Gambia as opportunities and revenue thin down, exacerbated by rising competition and negative impact of the global meltdown.    At the end of the 2009 financial year, the country’s banking industry comprising […]