By Nnamdi Duru  The management of Mutual Benefits Assurance Plc (Mutual), one of the composite insurance groups in the country, said the company recorded a 50 per cent appreciation in its premium income for the last year ended December 31, 2009.  A statement by the Group Managing Director of the company, […]
Uncategorized
Dangote Cement Posts N147bn Turnover
By Goddy Egene  Dangote Cement Plc, comprising Benue Cement Company Plc and former Obajana Cement Company Limited, has reported a turnover of N146.5 billion and a profit of N76.93 billion for the third quarter ended September 30, 2010. Based on the impressive performance and in line with its robust dividend […]
FAAC Distributes N412bn Revenues for Sept
By Obinna Chima  The Federal Account Allocation Committee (FAAC) has distributed a total of N411.6 billion ($2.7 billion) from the federation accounts to the three tiers of government for the month of September. The figure represented a slide by five per cent, compared with the previous month’s figure; Reuters quoted […]

