By Tom Bergin BP said payouts to people affected by its Gulf of Mexico oil spill had dramatically increased since it surrendered authority for dispensing funds to an independent administrator.   BP said the Gulf Coast Claims Facility (GCCF), the $20 billion fund it set up to compensate fishermen, […]

    Decision Preview September 17, 2010     The Monetary Policy Committee (MPC) will hold its next meeting on September 21, 2010 to review the domestic economy in line with global economic developments and reassess its monetary policy stance in a bid to balance the upside risk to price […]

  -Declares share diminutive loss   By Peter OBIORA investadvocate Sept 20 2010 07.29 GMT         Lagos–Insurance Giants Cornerstone Insurance Plc (Cornerstone) has recorded a N1.435 billion underwriting profit in its year 2009 Financial Year End (FYE), as the company declared a share diminutive loss.   Mr. […]