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Staco Insurance settles N726.9 million claims

  THURSDAY, 12 AUGUST 2010    Staco Insurance Plc has paid total claims worth over N726.9 million in its seven months of operations this year to its numerous customers and clients in various classes of general insurance business. This figure represents a percentage increase of about 6.5 per cent over […]

Selling pressure mounts as banks prepare to meet September deadline

  THURSDAY, 12 AUGUST 2010 01:03 Following the post Securities and Exchange Commission’s (SEC) intervention in the capital market leadership, not a few market analysts expect that there will be selling pressure on the Nigerian bourse this month. Their expectation boils down to the fact that many banks are expected […]

AP dismisses allegations against Otedola

  11/08/2010 13:28:00     African Petroleum Plc, yesterday debunked the allegations made by a suspended top official against its Chairman, Mr Femi Otedola.It said the allegations were spurious and unsubstantiated.   In a statement in Lagos, the company said it was aware of the campaign of falsehoods triggered by the […]